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Facebook & Instagram fined: How the small country of Norway could finally break Meta's business model. (tutanota.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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Facebook & Instagram fined: How the small country of Norway could finally break Meta's business model.::With a fine of only $100,000 Norway could destroy Facebook's & Instagram's business model relying on personalized ads.

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[-] TrenchcoatFullofBats@belfry.rip 2 points 1 year ago

Norway is not an EU country.

Per the article, the fines appear to be targeted to cancel out Meta’s profits from the behavior Meta is using to generate those profits in Norway.

If it is not profitable for Meta to engage in those illegal behaviors in Norway, they will either stop breaking Norwegian law, or pull out of Norway entirely. Either way, it’s a win for Norway.

this post was submitted on 18 Jul 2023

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