this post was submitted on 10 Nov 2023
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This is the best summary I could come up with:
Facebook and Instagram users in the European Union will be charged up to €12.99 a month for ad-free versions of the social networks as a way to comply with the bloc’s data privacy rules, parent company Meta said on Monday.
The higher prices reflect commissions charged by the Apple and Google app stores on in-app payments, the company said in a blogpost.
The company’s main way of making money is to tailor ads for individual users based on their online interests and digital activity.
Under the EU’s Digital Markets Act legislation, Meta platforms will have to gain explicit consent before tracking a user for advertising purposes.
The paid option “balances the requirements of European regulators while giving users choice and allowing Meta to continue serving all people”, the company’s statement reads.
Users aged 18 and older in the EU’s 27 member countries, plus Switzerland, Norway, Iceland and Liechtenstein will still have the choice of continuing to use Facebook or Instagram with ads.
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