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Firms To Face Stiffer Fines For Breaking Eu's 'right To Be Forgotten' Rules


Ron Burgundy
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Shadows of members of a panel are seen on a wall before a meeting about the "right to be forgotten", in MadridBy 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 EU member states are negotiating an overhaul of the bloc's outdated privacy laws in a bid to make them more harmonized and relevant for the rise of the Internet.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.




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