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Big Tech generated billions in fines but didn't pay them (m.economictimes.com)

submitted 10 months ago by 520@kbin.social to c/technology@lemmy.world

19 comments fedilink hide all child comments

Ireland's data regulator confirmed to AFP that Meta has not paid any of the ₹2 billion ($2.2 billion) in fines issued since last September. TikTok also owes hundreds of millions.

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[–] Shanedino@lemmy.world 10 points 10 months ago (1 children)

Banning product?

[–] Potatos_are_not_friends@lemmy.world 4 points 10 months ago* (last edited 10 months ago)

They should. But many of these companies also control news flow.

Imagine the narrative of "Ireland blocks speech by banning Facebook". Not to mention all the power that other tech companies that rely on those sites for ads have. Taylor Swift traveling there would immediately force Ireland to reopen that social media platform, easily.

Country looks bad. Tech company gets to lol. Fines still get unpaid.

It's a shit situation.