173
EU fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace
(www.courthousenews.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 14 Nov 2024
173 points (99.4% liked)
Technology
59346 readers
4954 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
EU fines are working. Not in the sense that they would prevent companies from trying to do shit, but in the sense that they shape up once it has been levied: Understand that those 800m are a shot before the bow. If the behaviour continues, there's going to be daily punitive fines that very quickly become very unaffordable.
Goes towards the EU budget, reducing the amount the member states have to pay in. In other words Berlaymont doesn't gain anything from levying fines, their budget stays the same.