Consumer laws may change Meta’s ad-free plans before EU’s digital crackdown does.
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Will the sanctions cost them more than the profits from their sneaky plan?
Meta could be fined up to 4 percent of its annual turnover if consumer protection authorities are unsatisfied with Meta’s proposed solutions.
So from 134 billion, 4% would be 5.36 billion.
Do you mean profit when you say “turnover”?
It’s total income. Profit is income minus expenses.
Oh dang! That is a serious fine then. Nice!
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Nice!