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this post was submitted on 17 Aug 2023
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Privacy
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This is exactly the sort of thing I want governments doing. Let bad businesses fail! Help them down the drain, even.
As much as I hate Meta, this is just going to become a "cost of doing business". They have $32B in yearly revenue, this would cost them $36.5mil a year, a small drop in the bucket to what they bring in.
But how much money do they make in norway though? And it’s all a matter of consistently increasing that cost of doing business everywhere
Revenue is not profit, and Norway is really small.
If the fine is more than the profit Meta makes from Norway, something will have to change.