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Facebook sets aside EUR300 million for GDPR fines from Irish watchdog

By Jakub Krupa ( December 9, 2020, 17:10 GMT | Insight) -- Facebook Ireland has set aside more than 300 million euros for possible data-protection fines, primarily from the Irish Data Protection Commission, the company's accounts show. The social media giant is subject to more than 10 investigations by the watchdog, and it expects the final fines to be between 154 million euros and 541 million euros.Facebook Ireland has set aside more than 300 million euros ($360 million) for possible data-protection fines, primarily from the Irish Data Protection Commission, the company's accounts show. The social media giant is subject to almost a dozen investigations by the Irish watchdog....

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