Meta has threatened to shut down Facebook and Instagram in Europe if it can't keep transferring user data back to the U.S.
Regulators in Europe are currently drawing up new legislation that will dictate how EU citizens' user data gets transferred across the Atlantic.
Facebook said: "If a new transatlantic data transfer framework is not adopted and we are unable to continue to rely on SCCs or rely upon other alternative means of data transfers from Europe to the United States, we will likely be unable to offer a number of our most significant products and services, including Facebook and Instagram, in Europe."
If SCCs can't be used as the legal basis for transferring data, Facebook would have to silo off the majority of the data it collects on European users. The DPC could fine Facebook up to 4% of its annual revenue, or $2.8 billion if it failed to comply.the data transfer standard between the EU and the U.S. doesn't adequately protect European citizens' privacy.
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