Netflix fined $5mln in Netherlands over data issues
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Netflix has been fined nearly $5 million by the Dutch Data Protection Authority for failing to inform customers about personal data usage between 2018 and 2020.
December 18, 2024 | 12:15 pm
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Netflix has been fined $5 million by the Dutch Data Protection Authority for not informing customers about personal data usage between 2018 and 2020.
The fine indicates regulatory challenges for Netflix, which could concern investors about potential future liabilities and compliance costs. This may lead to a short-term negative impact on NFLX stock.
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