Mark Zuckerberg and team consider shutting down Facebook and Instagram in Europe if Meta can not process Europeans’ data on US servers.
Facebook considers pulling out of Europe if its data transfer options are further restricted.
The key issue for Meta is transatlantic data transfers, regulated via the so-called Privacy Shield and other model agreements that Meta uses or used to store data from European users on American servers.
The current agreements to enable data transfers are currently under heavy scrutiny in the EU.
Sharing data between countries and regions is crucial for the provision of its services and targeted advertising, Meta stressed.
Therefore, it previously used the transatlantic data transfer framework called Privacy Shield as the legal basis to carry out those data transfers.
However, this treaty was annulled by the European Court of Justice in July 2020, because of data protection violations. »