@[email protected] to [email protected] • 1 year agoFacebook, Instagram face Norwegian ban from tracking users for adswww.politico.euexternal-linkmessage-square4fedilinkarrow-up1160arrow-down15cross-posted to: [email protected][email protected][email protected][email protected]news[email protected][email protected]
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minus-squarededalelinkfedilink18•1 year agoMeta will face daily fines of €89,500 if it doesn’t comply with the order. Bet they can write it off as expenses.
minus-square@[email protected]linkfedilink6•1 year agoThat equates to $36.7M/year. Last year, Meta had a revenue of $114B, so the fine is 0.03% of their total revenue. Definitely just getting written off
minus-squareRonnolinkfedilink2•1 year ago37m in one country. Considering the size if the market share in Norway, this is quite a huge fine. If only other countries would do the same. Imagine 37m x 160 or so countries where Meta is active
minus-square2xsaikolinkfedilinkEnglish2•1 year agoThey should make these kind of fines increase the longer they don’t comply
Meta will face daily fines of €89,500 if it doesn’t comply with the order.
Bet they can write it off as expenses.
That equates to $36.7M/year. Last year, Meta had a revenue of $114B, so the fine is 0.03% of their total revenue. Definitely just getting written off
37m in one country. Considering the size if the market share in Norway, this is quite a huge fine. If only other countries would do the same. Imagine 37m x 160 or so countries where Meta is active
They should make these kind of fines increase the longer they don’t comply