The study, which began in 2020, focused on child users between the ages of 13 and 17 who were allowed to operate business accounts, facilitating the disclosure of their phone numbers and email addresses. .
Full details of the decision will be announced next week, he said.
Instagram updated its settings over a year ago and has since released new features to keep teens safe and information private, said a Meta spokesperson.
A spokeswoman said Instagram disagreed with how the fine was calculated and was weighing its decision carefully.
WhatsApp was fined a record €225 million last year for failing to comply with EU data regulations in 2018.
Irish regulators finalized a draft ruling on an Instagram inquiry in December to share with other European Union regulators under the bloc’s “one-stop-shop” system for regulating large multinationals. did.