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Meta Is Absolutely Not Threatening to Leave Europe


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Meta Is Absolutely Not Threatening to Leave Europe

Business

Category: Business News

There has been reporting in the press that we are “threatening” to leave Europe because of the uncertainty over EU-US data transfers mechanisms. This is not true. Like all publicly-traded companies, we are legally required  to disclose material risks to our investors. Last week, as we have done in our previous four financial quarters, we disclosed that continuing uncertainty over EU-US data transfers mechanisms poses a threat to our ability to serve European consumers and operate our business in Europe.

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Source: Meta