| ▲ | piltdownman 4 hours ago | |
Like they've famously obeyed GDPR? Meta aren't 'forced' to do anything other than treat the fines imposed by their lack of adherence to the laws of the territories they operate in as a BAU cost. Meta's profits run roughly the same as the GDP of Paraguay ($60.46 billion in 2025) - i.e. that Country's total value added by an economy through wages, profits, and taxes. Their revenue is on track to exceed the Ukrainian GDP next year. This year Meta will pay up to $16.7bn to settle landmark US legal actions as result of not obeying US law, reporting $2.4 billion in legal fees in Q2 alone. The sum total of the EU fines issued (read: appealed and not collected) likely won't even exceed Metas legal fees for the 2026 calendar year; i.e.: * April 2025 - €200m (DMA "consent or pay" advertising model) * November 2024 - €797.72m (Antitrust re:Facebook Marketplace) * September 2024 - €90m (Storage of user passwords in plaintext) * May 2023 - €1.2b (Unlawful EU-U.S. user data transfers) * January 2023 - €390m (Forcing personalized ads via terms of service) * December 2022 - €251m (2018 data breach and system design lapses) * November 2022 - €265 (Inadequate protection against data scraping) * September 2022 - €405m (Instagram children's privacy) | ||