DUBLIN (Reuters) – The first draft decisions by Ireland’s data privacy regulator on probes into some of the world’s biggest technology firms will go for consultation with other EU regulators this year, the lead watchdog for the bloc said on Thursday.
Ireland hosts the European headquarters of a number of U.S. technology firms, making Ireland’s Data Protection Commission (DPC) the EU’s lead regulator under the General Data Protection Regulation’s (GDPR) “One Stop Shop” regime introduced in 2018.
The new rules give regulators the power to impose fines for violations of up to 4% of a company’s global revenue or 20 million euros ($22 million), whichever is higher.
In its annual report, the DPC said two of the 21 inquiries it had open into big tech firms by the end of 2019 had moved from the investigative stage to the decision-making phase.
They related to a 2019 investigation into a bug in Twitter’s Android app, where some users’ protected tweets were made public…
Source Reuters Tech News