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Interesting, right? It's like they can make so much money from tracking people in other countries/jurisdictions that paying a fine to the EU once in a while is
by skilled 3y ago
Interesting, right? It's like they can make so much money from tracking people in other countries/jurisdictions that paying a fine to the EU once in a while is just part of the payroll.
- malermeister 3y agoI think if that's the case, the fines will have to be increased until we reach a point where they succeed at their task of disincentivizing this behavior.
- riffraff 3y agoGDPR already has a provision for this (it accounts for repeated violations and collaboration), and a ceiling of 4% of global revenue is quite high.
- personomas 3y ago"quite" high? Are you serious. These fines are unbelievable.
- dylan604 3y agoUnbelievably low. It's really pathetic at how not serious these fines are
- malermeister 3y agoGood, they might actually work then!
- ceejayoz 3y agoThat's the point, and it's the maximum. 4% is there as the nuclear option for repeat offenders.
- personomas 3y ago[flagged]
- esarbe 3y agoWhat exactly is insane about giving the citizens control over their own data and about making it more difficult for companies to monetize that data? I don't think that the fine is ridiculous high, by the way. I think it's too low.
- rsynnott 3y agoAnd yet apparently not enough of a deterrent, because it keeps happening.
- personomas 3y agoThis was a one occurrences, and TikTok stopped it 3 years ago. The laws are getting tighter and tighter (and vaguer and vaguer), that's why "it keeps happening".
- pomtato 3y agoTruly, I'm starting to think they think of it as opportunity cost then an actually fine.
- waihtis 3y agoYou'd be correct. Anyone that actually has to deal with regulators quickly understands how easy it is to game the regulations if you're someone of Meta's stature.
- joe__f 3y ago€345M is a pretty huge amount of money
- personomas 3y agoEspecially when you consider that it was stopped 3 years ago.
- firesteelrain 3y agoExcept it didn’t. My daughter in the US created an account and it didn’t require any family pairing or verification that the adult paired with her was her parent
- personomas 3y agoThese are EU laws that only pertain to the EU. US has different laws.
- firesteelrain 3y agoI guess TikTok has different software policies per country
- hef19898 3y agoYour honour, clearly you cannot convict my client since the crime was committed years ago. /s You don't work for TikTok by amy chance?
- personomas 3y agoI definitely don't work for TikTok. I don't know the details. But the fine is way too much regardless.
- dylan604 3y agoyou know how it's not too much? they can afford it.