A record €746 million European Union fine has been issued to Amazon for processing personal data that was in violation of GDPR rules.
It was disclosed that the fine was issued by the Luxembourg National Commission for Data Protection (CNPD) on the 16th of July.
A spokesperson for Amazon stated that the company will appeal the fine as it believed that it was imposed by CNPD without merit.
This comes as tech giants have been globally scrutinised in regards to storing people’s personal data without consent.
There have been complaints from some businesses that they abuse their market power, as well as scandals over privacy and misinformation.
However, Amazon is not the first tech company to receive a fine of this nature as Google was issued a fine of €100 million in December by France’s data privacy watchdog, which is the largest fine that it has ever handed out.
Google was hit with the fine for breaching France’s rules on online advertising trackers.