South Korea fines Google and Meta for violation of privacy law

Tags: Economy/Finance International News

South Korea’s Personal Information Protection Commission has fined Google 69.2 billion won ($50 million) and Meta (earlier called Facebook) 30.8 billion won ($22 million) for violation of privacy law violation.

Both the companies were found guilty of collecting and analysing behavioural information of the customer without obtaining their prior consent.

IMPORTANT FACTS -

Republic of Korea (South Korea) :

• It lies in the Korean peninsula in East Asia.
• The Korean peninsula was divided into communist Democratic People’s Republic of Korea (North Korea) and Republic of Korea (South Korea) after the Korean War in 1953.
• Capital: Seoul 
• Currency: South Korean Won