European online users, you better be aware of the fact that any business found not operating as per the guidelines prescribed in GDPR could face a serious action of an operational ban in entire Europe.
Therefore, as Facebook’s parent company Meta is facing difficulty in processing data on US servers, it is urging the nation to oblige its request to send the processed data to the remote servers in USA. And if the EU government doesn’t give a free hand for handling, storing and processing data, it is left with no other alternative rather than to shut down the operations in the area.
From May 2018, EU has scrutinized and passed a legislation that all companies operating in its region should comply with the GDPR. Elsewhere, they will have to face hefty penalties or a trade ban under certain consequences.
Meta that nearly makes $7 billion a year from the said region through ad promotions is ready to hold talks with the concerned officials from Britain, if they give a relaxation to the Mark Zuckerberg’s billion dollar business.
It is a known fact that social media platforms earn health revenues by posting advertisements on the generated content and, for that to occur; it needs to process the data on US servers.
The Privacy Shield Online Data Arrangement legislation in Europe needs all companies to store and process their data in and around London and it did not change the law even after the Brexit.
