From bankinfosecurity.com
The Norwegian data regulator says it will start fining Facebook parent company Meta nearly $100,000 daily starting on Monday unless the social media giant stops showing users behavioral ads without their explicit consent.
The threat comes after the Data Protection Authority of Norway, known as Datatilsynet, in July imposed a temporary ban on compulsory behavioral advertising on Facebook and Instagram. Meta is challenging the regulator’s decision in Oslo court. Facebook did not reply to Information Security Media Group’s request for comment.
European privacy advocates have with mounting success used the continent’s General Data Protection Regulation to take on the business model supporting free online platforms. Internet giants including Facebook and Google offer cost-free access to powerful digital technology in exchange for collecting data about user online behavior. They use the data to show users ads that businesses hope reach likely customers. Unlike contextual advertising, which matches ads to the content of web pages, behavioral advertising targets specific user profiles with ads.