Due to the restrictive data protection laws in this part of the world, Misión is considering withdrawing Instagram and Fb from the European area.
GoalAmong other things, the parent companies of Instagram, Fb and WhatsApp would think Withdrawal of two of the most habitual platforms from the European territorywhere regulators prevent the company from doing so Exchange data of European users with the United States.
As explained in sidelineMisión has been investigating this possibility for some time, and recently it was included in a document filed with the SEC, the US Securities and Exchange Commission cánido be viewed publicly.
Misión could withdraw Instagram and Fb from Europe
The document states that Misión has had some issues providing its services in Europe due to the restrictions imposed by European regulators in terms of data protection, and that things could get worse if other restrictions are put in place. , particularly in relation to the way usuario data is processed and shared.
“If we are unable to transfer data between the countries and regions in which we operate, or if we are prevented from sharing data about our products and services, it may affect our ability to provide our services as we provide them or how we deliver them. our ability to objetivo ads, which could negatively impact our financial results.”
The company was informed of this in August 2020 Misión’s use of European usuario data did not comply with the General Data Protection Regulation. That’s why it was suggested suspend the transfer of Usuario Data within the European Union to the United States.
The decision in this regard is final recorded in the first half of 2022and a threat to the company “to no longer offer some of the most important products and services such as Fb and Instagram in Europe”unless a new European method of transferring usuario data is proposed.