EU fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace (www.courthousenews.com)
from Joker@sh.itjust.works to technology@lemmy.world on 14 Nov 16:01
https://sh.itjust.works/post/28089747

Meta response.

#technology

threaded - newest

TheFeatureCreature@lemmy.world on 14 Nov 16:11 next collapse

Should’ve rounded it up to 1B. And then tripled it.

TseseJuer@lemmy.world on 14 Nov 18:33 collapse

yea I’m sure a 2% fine would make them think twice

bizarroland@fedia.io on 14 Nov 18:47 next collapse

I don't know, the only thing stopping me from getting 150 billion is the threat of having to pay an 800 million fine on it.

If it weren't for that

NoneOfUrBusiness@fedia.io on 17 Nov 10:31 collapse

2% of what exactly?

TseseJuer@lemmy.world on 17 Nov 17:42 collapse

🥾👅

db2@lemmy.world on 14 Nov 17:37 next collapse

Cost of doing business, shakedown for protection money, etc.

bizarroland@fedia.io on 14 Nov 18:47 collapse

I was going to say, it's starting to sound more like the EU is just taking kickbacks in a circuitous legal manner rather than via a shady under the table deal with men and trench coats exchanging packages of unmarked bills.

I mean, in the last 5 months how many times has the EU fined meta or google?

If you really want to make a message that sticks, you ban the danger sites from operating in your collective and then fine them for their past misdeeds.

If you want to be seen as lenient, you then set down a list of objectives that the site must adhere to in order to be reinstated in the collective.

Anything short of that is just lining your pockets. I mean, what is the money being used for?

barsoap@lemm.ee on 14 Nov 18:55 collapse

EU fines are working. Not in the sense that they would prevent companies from trying to do shit, but in the sense that they shape up once it has been levied: Understand that those 800m are a shot before the bow. If the behaviour continues, there’s going to be daily punitive fines that very quickly become very unaffordable.

I mean, what is the money being used for?

Goes towards the EU budget, reducing the amount the member states have to pay in. In other words Berlaymont doesn’t gain anything from levying fines, their budget stays the same.

latenightnoir@lemmy.world on 14 Nov 18:50 next collapse

Slap them even without the million Euros! Slap them with luke-warm fish! Just slap them! Repeatedly!

qyron@sopuli.xyz on 14 Nov 20:36 collapse

That had Monthy Python vibes.

Metz@lemmy.world on 14 Nov 19:31 collapse

Keep going. They got last year already severals fines for GDPR violations. suming up to 2.26 Billion. Needs moar!