Netflix Hit with $4.98 Million Fine Over Personal Data Use in Netherlands

Netflix has been hit with a $4.98 million fine by Dutch authorities due to violations of data protection laws. The Dutch Data Protection Authority (DPA) found that the streaming platform failed to comply with the General Data Protection Regulation (GDPR) regarding the collection, storage, and use of personal data. Specifically, Netflix did not fully inform users about how their personal information was being utilized, breaching transparency requirements.

This fine represents a significant step by European regulators in enforcing data privacy standards, especially against big tech companies. Netflix, which has millions of subscribers in the Netherlands, is reviewing the decision and considering its next steps. The penalty is a stark reminder of the strict data privacy regulations companies must adhere to in the EU.

Key Highlights:

• Fine: Netflix fined $4.98 million by Dutch authorities.
• Violation: Failure to comply with GDPR’s data privacy rules.
• Impact: Potential for similar investigations in other EU countries.