{"id":38275,"date":"2021-07-30T16:41:23","date_gmt":"2021-07-30T23:41:23","guid":{"rendered":"https:\/\/lapost.us\/?p=38275"},"modified":"2021-07-30T16:41:23","modified_gmt":"2021-07-30T23:41:23","slug":"amazon-fined-886m-by-eu-regulators","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=38275","title":{"rendered":"Amazon fined $886M by EU regulators"},"content":{"rendered":"<p>European regulators fined Amazon 746 million euros, roughly $886 million, over data breach violations, the company disclosed in a recent filing with the Securities and Exchange Commission (SEC).<\/p>\n<p>The Seattle-based e-commerce giant was fined by the Luxembourg National Commission for Data Protection (CNDP) earlier this month in a decision that claimed Amazon\u2019s processing of personal data did not comply with the European Union&#8217;s General Data Protection Regulation, according to the filing.<\/p>\n<p>Amazon pushed back on the regulator\u2019s findings.<\/p>\n<p>\u201cWe believe the CNPD\u2019s decision to be without merit and intend to defend ourselves vigorously in this matter,\u201d the company said in the filing.<\/p>\n<p><strong>Raking it in:\u00a0<\/strong>The disclosure in the filing was revealed after Amazon reported its second quarter earnings for the year, with net sales increasing 27 percent year over year to $113 billion. The increase had slowed down compared to the company\u2019s 41 percent year over year increase from the second quarter of 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European regulators fined Amazon 746 million&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-38275","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/38275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38275"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/38275\/revisions"}],"predecessor-version":[{"id":38276,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/38275\/revisions\/38276"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}