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Re:EU fines Apple €500M and Meta €200M by weavie on Wednesday April 23, 2025 @08:53AM (#43771558)
500 million is like half a days revenue.
Re:EU fines Apple €500M and Meta €200M by mdhb on Wednesday April 23, 2025 @09:08AM (#43771720)
The actual fines for this moving forward are up to 10% of a companies global revenue. The EU made a big point to say that this is the first time they are issuing those fines and as a result they are smaller than they otherwise would be especially in the case of repeat offenders.