Microsoft warns investors of impending $425m from Irelands DPC

01/06/2023 | Silicon Republic

In a statement to investors, Microsoft confirmed that it had received a draft decision and a hefty fine from the Irish Data Protection Commission (DPC) over alleged EU General Data Protection Regulation (GDPR) violations concerning LinkedIn's targeted ad practices. The company vows to dispute the draft decision and defend itself vigorously in case it becomes a final decision. 

“The company intends to dispute the legal basis for, and the amount of, the proposed fine and will continue to defend its compliance with GDPR. There is no set timeline as to when the IDPC will issue a final decision,” Microsoft wrote.

The non-public draft decision sent by the DPC in April proposed a fine of around $425m.

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