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I’m not sure if it’s abuse. In The Netherlands, ING got a €750,000,000 fine from the government (the largest ever in this country) for not doing enough to preve
by leokennis 5y ago
I’m not sure if it’s abuse. In The Netherlands, ING got a €750,000,000 fine from the government (the largest ever in this country) for not doing enough to prevent money laundering. It basically ate up the entire quarterly profits.
So I don’t think it’s so much “abusing a dominant position” as “being subject to so many regulations and potential fines that it’s almost always better to just not engage in some business than to take any risk”. Lost revenue from OnlyFans is peanuts compared to potential fines for “facilitating sex trafficking”.