Meta’s social media platforms will be barred from behavioral advertising in August.
  • dedale@kbin.social
    17·
    1 year ago

    Meta will face daily fines of €89,500 if it doesn’t comply with the order.

    Bet they can write it off as expenses.

    • UsernameLost@lemmy.ml
      6·
      1 year ago

      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

      • Ronno@kbin.social
        2·
        1 year ago

        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