← Back to context

Comment by mdhb

5 days ago

The EU made a serious point that these are the first time they are issuing those fines as as such have capped them as a signal to show that they are serious but also that they aren’t taking the maximalist approach some in the US are accusing them of.

They can legally go for 10% of global revenue if I’m not mistaken as the top level of fines and both Apple and Meta would be wise to not find themselves as repeat offenders as a result.