It doesn't matter if you're losing money on paper, since the fee is on sales, not profit.

helsinkiandrew a day ago | parent | next [-]

No it’s based on “net income”: revenue - expenses

> But there are a handful of designated platforms that aren’t paying anything in the first round as they reported a loss during the preceding financial year — including Amazon, Pinterest, Snapchat and Wikimedia.

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Liquid_Fire 18 hours ago | parent [-]

Where is that quote from? The OP literally says it's based on "annual global sales", and so does this:

"6 % of the annual worldwide turnover"

https://streamlex.eu/articles/dsa-en-art-52/

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helsinkiandrew 12 hours ago | parent [-]

Thats for fines - the comment I was replying to was referring to the annual fee not fines:

> "must also file transparency reports, detail risk mitigation plans and pay an annual fee to the European Commission."

> This is just another shake down. Quickly becoming the least business friendly place on Earth.

	▲	Liquid_Fire 11 hours ago \| parent [-]
		Ah I understand now, thank you, my mistake.

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fl0id a day ago | parent | prev [-]

Which is also with good reason, as there's tons of ways to make your profit basically zero or even negative.