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

submitted 1 year ago by 520@kbin.social to c/technology@lemmy.world

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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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[-] kirklennon@kbin.social 4 points 1 year ago* (last edited 1 year ago)

Apple has several thousand employees in Ireland. Ireland wanted to lure foreign investment by offering lower taxes and it worked. Ireland was happy. Apple was happy. Decades later, the EU decided it wasn’t happy.

this post was submitted on 21 Nov 2023

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