PARIS — France’s data protection watchdog CNIL has fined Facebook 150,000 euros ($224,000) for failing to prevent its users’ data being accessed by advertisers.
The fine is small in the context of the company, which has quarterly revenue of about $US8 billion ($11 billion) and a stock market capitalisation which stands at about $435 billion ($586 billion). But it is the maximum amount the CNIL could fine when it started the investigation on the tech giant.
CNIL said its fine — which was imposed on both Facebook Inc and Facebook Ireland — was part of a wider European investigation also being carried out in Belgium, the Netherlands, Spain and Germany into some of Facebook’s practices.
The CNIL can now issue fines of up to 3 million euros ($4.5 million), after the passing of a new law in October 2016.