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Amazon versus the European Union. The commercial giant faces a fine of no more than $425 million for GDPR violations. Business

Brussels The Amazon online store in the United States is threatened in the European Union by a fine of more than $425 million (about nine billion Kelvin). The Wall Street Journal reported, citing sources familiar with the situation. The fine is according to the source of the system shared by the Luxembourg Office for the Protection of Personal Data (CNPD).

The case regarding the alleged breach of the European Union’s rules on privacy protection is known as GDPR (General Data Protection Regulation).

According to the letter, Amazon could receive the highest fine, as it has been redeemed under these rules so far. One of the sources said the issue is about how Amazon collects and uses personal data from individuals. He declined to provide details of the company’s specific allegations.

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The CNPD proposal must be approved by the Personal Data Protection Council of other EU member states. This procedure can take several months and can lead to drastic changes in the form of the proposal, including the right to fines. CNPD is the main regulator of Amazon privacy in the European Union in particular, with the company’s European headquarters located in Luxembourg.

The fine proposed by the CNPD would be equivalent to about 2% of Amazon’s $21.3 billion net profit, and just over a tenth of a percent of its needs, amounting to $386 billion. Under the General Data Protection Regulation (GDPR), regulators, with some uncertainty, may set the fine in value and as a percentage for the company’s needs, the Wall Street Journal warns.

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Amazon is the largest online store in the world. The founder and CEO of the company is Jeff Bezos, who is currently the richest fisherman in the world. According to Bloomberg, his assets are around $191 billion.