3 ms·
I am in complete disagreement with the idea of fines based on worldwide revenues, that is nothing short of imposing fees on users from other countries without t
by Shivetya 9y ago
I am in complete disagreement with the idea of fines based on worldwide revenues, that is nothing short of imposing fees on users from other countries without their agreement or to their benefit.
- bonaldi 9y agoYou think Facebook is going to start charging fees to people in the US to pay for fines from the EU? Well I heard that if this post gets 1000 likes Zuckerberg will cancel his plans to charge for Facebook. (It's also arguable that greater privacy protections are to the benefit of everyone, unless Facebook only enables in them in the EU)
- icebraining 9y agoSo you think the EU doesn't account for more than 4% of their worldwide revenue? It's not like the fine is for 100%.
- pluma 9y agoThis is obviously a consequence of the clever tax avoidance schemes companies like Facebook have used to minimise local revenue. Fining an international corporation based on the local revenue is pointless when the corporation can shift numbers around to turn that revenue into close to nothing.