▲ 91 ▼ EU fines Apple 500M euros, Meta 200M euros for breaking competition rules | CBC News (www.cbc.ca) submitted 1 year ago* by CowsLookLikeMaps@lemmy.ca to c/world@lemmy.world 4 comments fedilink hide all child comments
[–] als@lemmy.blahaj.zone 7 points 1 year ago (1 child) This is a cost of doing business for them. Make the fines actually proportional and ongoing until they stop breaking the laws permalink fedilink source hideshow 2 child comments replies: [–] Docus@lemmy.world 6 points 1 year ago It’s a warning, with the aim of getting them to comply with EU rules. Not a punishment to put them out of business. But repeat offenders can get repeat fines, up to 10% of global revenue (not profits) which is not a cost of business most companies can ignore. permalink fedilink source parent
[–] Docus@lemmy.world 6 points 1 year ago It’s a warning, with the aim of getting them to comply with EU rules. Not a punishment to put them out of business. But repeat offenders can get repeat fines, up to 10% of global revenue (not profits) which is not a cost of business most companies can ignore. permalink fedilink source parent