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EU regulators to take legal action over Google privacy

Privacy regulators in six EU countries -- the UK, France, Italy, Germany, Spain and the Netherlands -- could seek to punish Google with fines for refusing to backtrack on changes made to its privacy policy last year, which, according to an investigation, contravene EU laws.

The regulators announced plans to take legal action Tuesday. But the threat of fines will mean little to the Internet giant. As the Guardian noted, two threatened sets of fines (one up to $500,000, one up to $300,000) amount to the money generated by Google in sales every 10 minutes. Via the Guardian:

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