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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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[-] 520@kbin.social 5 points 1 year ago* (last edited 1 year ago)

If they really wanted to, they could completely kick Meta and Google out of the country. They won't do that, however, because it will be deeply unpopular with the electorate.

They can do a lot in-between, however. They can, for example, halt all payments from resident accounts to Meta/Google

this post was submitted on 21 Nov 2023

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