Meta, the parent company of Facebook, has been fined €1.2 billion (approximately $1.3 billion) by the Irish Data Protection Commission.

The fine was imposed due to Meta's failure to comply with the European Union's privacy policies, specifically the General Data Protection Regulations (GDPR).

This fine is the largest ever imposed under GDPR since its enforcement began in May 2018.

The violation occurred through data transfers made by Meta between the United States and the European Union, which did not adhere to the "standard contractual clauses" established in July 2020.

The European Data Protection Board's chair, Andrea Jelinek, highlighted that the unprecedented fine sends a strong message to organizations regarding the serious consequences of privacy infringements.

The fine emphasizes the importance of upholding customer privacy and complying with GDPR regulations in the European Union.