French automakers disappointed with slow rebound post-Covid
Robert Besser
04 Aug 2021, 17:54 GMT+10
The French auto market is not rebounding as quickly as hoped for, with blame being placed on the global chip shortage and a new surge in COVID-19 infections
Car registrations in France fell to 1.65 million from 2.21 million in 2019 as the coronavirus pandemic brought car manufacturing to a standstill
The shortage of semiconductors, along with general uncertainty caused by the Covid pandemic, are impacting automakers, including Renault and Franco-Italian Stellantis
PARIS, France: The French auto market is not rebounding as quickly as hoped for, with blame being placed on the global chip shortage and a new surge in COVID-19 infections, according to the auto manufacturers lobbying group CCFA-PFA.
Amazon EU fine significant moment in data privacy regulation history
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19 hours ago
The e-commerce platform’s troubles don’t end here as Amazon is also facing multiple antitrust probes initiated by the European Commission, and by the CCI in India.
Luxembourg’s National Commission for Data Protection (CNPD) fined Amazon €746 million on July 16 for violating the European Union’s General Data Protection Regulation (GDPR), a regulatory filing by Amazon revealed. In addition to slapping a fine on the tech company, CNDP imposed “corresponding practice revisions,” the filing stated.
The CNPD is the concerned regulator because Amazon’s EU headquarters is located in Luxembourg.
Why it matters? This is the largest fine that has ever been imposed for a violation of the GDPR – the EU law for data protection and privacy that has become the model for data protection laws around the world since it went into effect in 2018.