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Facebook says it may have to stop operating in the EU amid new data transfer rules

Last month, Ireland’s Data Protection Commission (DPC) sent Facebook a preliminary order to stop transferring the data of European users to the US, after a European Court of Justice ruled that American privacy legislation isn’t adequate. Failing that, Facebook could be fined up to four percent of its annual turnover, which is about $2.8 billion if we go by its global revenue in 2019.

According to a court filing in Dublin spotted by VICE, the social giant said the DPC’s decision would make it impossible to offer its services in the EU for the 410 million people that constantly tap into Facebook and Instagram.

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