Facebook Threatens to Leave Europe Due to Proposed New Data-Sharing Regulations
Facebook has hit back at a proposed new regulation which would limit the sharing of European user data with the US-based company.
Earlier this month, the European Union privacy regulator sent a preliminary order to Facebook which called for it to suspend data transfers about its EU users back to the US. That would essentially force Facebook to keep EU user data in Europe, and implement new restrictions on data-sharing between nations.
And now Facebook has issued an official response, saying that, if such rules are implemented, it may be forced to stop operating both Facebook and Instagram in Europe entirely.
Source: Facebook Threatens to Leave Europe Due to Proposed New Data-Sharing Regulations | Social Media Today