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Investing.com -- The Stockholm Court of Appeal has determined that music streaming giant Spotify (NYSE:SPOT) has failed to comply with the EU’s General Data Protection Regulation (GDPR). The court’s ruling comes after an inspection by the Swedish Data Protection Authority, which claimed that Spotify had mishandled personal data in violation of the GDPR.
The court found that Spotify did not provide the necessary information in a clear and easily accessible manner for users to exercise their rights under the GDPR. The company also did not provide sufficient details about storage periods of personal data and failed to provide adequate safeguards when transferring personal data to a third country or an international organization.
The GDPR is a regulation enacted by the European Union to protect the privacy and personal data of its citizens. It requires companies to provide clear, concise, and transparent information about how they handle personal data. It also mandates that companies provide sufficient information about the storage periods of personal data and appropriate safeguards when transferring this data to a third country or an international organization.
This ruling signifies that Spotify, a company headquartered in Stockholm, Sweden, did not adhere to these regulations. The specific details about the nature of the violations and the potential consequences for Spotify have not been disclosed.
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