Facebook has been fined 1.2 million euros ($1.4 million) for allegedly collecting personal information from users in Spain that could then be used for advertising, the national data protection watchdog said on Monday Sep 11,2017
The fine stemmed from an investigation into the social network company conducted alongside similar probes in Belgium, France, Germany and the Netherlands, the AEPD authority said.
The 1.2 million euro fine is a fraction of Facebook's quarterly revenue of about $8 billion and stock market capitalisation of around $435 billion.
AEPD said it found three cases in which Facebook had collected details such as the gender, religious beliefs, personal tastes and browsing history of its millions of Spanish users without informing them how such information would be used.
The fine stemmed from an investigation into the social network company conducted alongside similar probes in Belgium, France, Germany and the Netherlands, the AEPD authority said.
The 1.2 million euro fine is a fraction of Facebook's quarterly revenue of about $8 billion and stock market capitalisation of around $435 billion.
AEPD said it found three cases in which Facebook had collected details such as the gender, religious beliefs, personal tastes and browsing history of its millions of Spanish users without informing them how such information would be used.
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