While European Union (EU) laws force all companies to process user data on local servers in Europe, Meta managed to turn the agenda upside down with a threat it made in the past days. The company, which is behind popular social media applications such as Instagram and Facebook, has published a report warning that it may pull Instagram and Facebook from Europe due to new regulations in Europe. After this report, there was a new development focused on German Economy Minister Robert Habeck and French Finance Minister Bruno Le Maire.
INSTAGRAM AND FACEBOOK STATEMENT FROM MINISTERS
Robert Habeck and Bruno Le Maire spoke about Meta’s annual report and the possibility of Instagram and Facebook shutting down across the EU.
“WE CAN’T FEAR ANYTHING SUCH”
German Economy Minister Habeck said, “After being hacked, I’ve been living without Facebook for four years and life has been wonderful. The European Union is such a big domestic market that it has so much economic power that we won’t be afraid of such a thing if we act together.” said.
NO STEP BACK MESSAGE
Habeck said “Life without Facebook is great”, while French Finance Minister Le Maire stated that life would be fine without Facebook, implying that the EU will not back down in protecting the rights of its own population.
“Digital giants must understand that the European continent will resist,” Le Maire commented. used the phrases.