Italian watchdog threatens Facebook with another fine on improper data use



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Italian watchdog threatens Facebook with another fine on improper data use

On Friday, the 24th of January 2020, competition watchdog of Italy, the third-largest economy in the eurozone and the eighth-largest across the globe by nominal GDP, made a public announcement saying that it had initiated a formal legal proceeding on the social networking titan, Facebook Inc.

for its non-compliance over a request to rectify the company’s treatment of user data. In point of fact, latest announcement from Italy’s competition watchdog followed a November 2018 verdict, while the nation’s competition regulator had ruled that the social networking behemoth which owns four out of the top six internet service providers across the globe such as Facebook, Facebook Messenger, WhatsApp alongside Instagram and adds a new dimension to monopolizing internet services, had failed to inform its users how the company had been gathering and feeding on to its users’ data for commercial purposes.

Besides, several analysts were quoted saying following Italy’s Competition regulator’s Friday’s (January 24th) comment that if fined, the Silicon Valley tech tycoon might be fined as much as $5.5 million or €5 million and could be asked to release an amended version of its statement for Italy at its homepage, Facebook App and at the personal pages of each registered Italian user.