South Korea fined Facebook on Wednesday worth $6.7 billion for sharing user information without consent.
According to the South Korea’s Personal Information Protection Commission "PIPC" that facebook shared the personal information for 3.3 million South Korean users to other companies without consent from May 2012 to June 2018.
Further, Facebook could have shared that information with up to 10,000 other companies, PIPC repoted. Also, PIPC accused facebook submitting incomplete or false documents. Facebook denied the accusation, telling Yonhap News in a statement that it cooperated with the investigation in its entirety.
In 2018, the Korea Communications Commission fined the company $ 396 million for slowing users' connections in 2016 and 2017. Facebook won the legal battle against the commission, though, and the fine was ultimately rescinded. The Seoul Administrative Court ruled back then that the fine was unlawful, as the company didn’t intend to slow down its services in the country.