Criteo receives €40M GDPR fine from French regulator CNIL; intends to appeal

Criteo S.A.

CNIL final decision imposes €40M ($44M) GDPR fine on Criteo, reduced from initial €60M proposal.
Company to appeal; believes sanction and CNIL's GDPR interpretations are inconsistent with EU law.
Criteo had previously accrued €60M liability; actual payment of €40M expected in H2 2023.
Company states no obligation to change current practices and no impact on customer service.

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