Ron Burgundy Posted May 20, 2015 Share Posted May 20, 2015 By Julia Fioretti BRUSSELS (Reuters) - Firms such as Google and Microsoft will face stiffer fines if they violate Europe's "right to be forgotten" online rules, according to a draft text agreed by European Union ambassadors on Wednesday, diplomatic sources said. EU member states are negotiating an overhaul of the bloc's outdated privacy laws in a bid to make them more harmonized and relevant for the rise of the Internet. A draft proposal from Latvia, which holds the EU's rotating presidency, suggests three levels of fines for companies breaching the rules, ranging from 0.5 percent to 2 percent of a firm's annual worldwide turnover, depending on the gravity of the data breach. View the full article Quote Link to comment Share on other sites More sharing options...
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