😁
Fines like these should be exponential in some way, that way they can’t keep getting away with it.
Nah, exponentiation is too good for them.
Fines should be tetrated.
This guy ↑↑
Explanation for the downvoters: The double up arrow is the symbol for tetration.
You owe us $2
You owe us $4
You owe us $16
You owe us $65536
You owe us $2*10^19729
Not enough. The price for violating a human right should be enough to leave anyone bankrupt.
Besides panicking a few regional managers, this can only be a bad news for Meta if other countries, or even better, the EU follows them.
100kUSD/day for a 5.4M inhabitants country, that scales to 8.3M$/day for the total 450M inhabitants EU has (yes: I know that’s not how it works, I’m doing a very gross approximation here).
That’s would be 3B$/year. Now we’re talking!
For those who are dumb like I am, the fine is one hundred thousand per day and not one hundred per day (the decimal threw me off)
If people want to use thousands separators (and they should, if they want to not-use prefixes like kilo, Mega) they should use ’ so for example 100’000 $. Zero potential for misunderstandings.
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All the governments should do like this
Anti revenue stream.
I likey
I should visit Norway, sounds like there are cool people there.
From what I’ve been hearing, it’s actually one of the best places to live in.
I wonder why though
It’s almost like some countries prioratize the well being of their people…
That would be nice. Focus on your own country instead of dumping billions down a hole
But I have this in Germany, too. There must be something different i n Norway.
Yeah and some really good chess players too
Norway should raise taxes on Facebook.
Oh no, not 100k. How will they ever scrape up that kind of money?
What would facebooks reaction be if they had to pay the full amount of taxes without ways around it?
Or else what lol
or else they will block it in norway
Doubtful
Facebook European headquarters are in Ireland which is part of the EU. If Facebook fails to pay Norway can take them through the European court system to enforce the payment.
Facebook have plenty of assets in the EU which can be seized. More than enough cash given they use Ireland as part of their tax minimisation strategy