Threats to shut down Facebook and Instagram in Europe

A new law is being drafted to stop the transfer of information to citizens of the European Union (EU) who use social media. Facebook and Ins...

A new law is being drafted to stop the transfer of information to citizens of the European Union (EU) who use social media. Facebook and Instagram could be withdrawn from Europe if the law fails to transfer information to the United States. Recently, Meta, the parent company of social platforms, has made such a threat. In a recent annual report, Meta said, "If a new transatlantic data transfer framework is not adopted and we cannot maintain our reliance on SCC (Standard Contractual Clauses) or there is no alternative way to transfer data from Europe to the US, services like Facebook and Instagram I will be forced to close in Europe. ' "Such laws will have a devastating effect on our business, our finances and our operations," he said.

Meta-controlled platforms have long been criticized for data tracking and data sharing. Experts say that there is a risk of leaking user data on the platforms. European lawmaker Axel Voss wrote on Twitter that Meta could not threaten the EU to drop its data protection standards. And if they close down their business in Europe, they will suffer. According to a report in the Wall Street Journal, in August 2020, the Irish Commission issued an initial order to Facebook to stop the transfer of information from the EU to the United States. Nick Clegg, vice president of Facebook's global affairs and communications department, said: Although it will go through many more processes. Businesses that rely on SCC and individuals and businesses that rely on online services will suffer if this continues. The Irish Information Protection Commission is expected to make a final decision on the matter in the second half of this year. Failure to comply with the law could result in DPC imposing a fine of 4% of its annual revenue or দশ 2.8 billion on Facebook. Source: Independent