Google, Facebook Face $8.8B GDPR Suits on Day One

https://www.investopedia.com/news/google-facebook-face-88b-gdpr-suits-day-one/

The introduction of a new law often leads to high drama and action during the initial days. The General Data Protection Regulation (GDPR) that came into effect on May 25 has started to show its might.

Max Schrems, a prominent Australian privacy campaigner, has filed four different lawsuits against Facebook Inc.,  Google, totaling £6.7 billion (around $8.8 billion), according to The Inquirer.

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