jeffw@lemmy.world to World News@lemmy.worldEnglish · 4 months agoMeta could get slapped with a massive fine for violating the EU's Digital Markets Actwww.engadget.comexternal-linkmessage-square2fedilinkarrow-up18arrow-down10
arrow-up18arrow-down1external-linkMeta could get slapped with a massive fine for violating the EU's Digital Markets Actwww.engadget.comjeffw@lemmy.world to World News@lemmy.worldEnglish · 4 months agomessage-square2fedilink
minus-squareEtterra@lemmy.worldlinkfedilinkEnglisharrow-up1·4 months agoDefine “massive.” Because if it doesn’t substantially cut into their profits then it’s not a fine but just the cost of doing business.
minus-squarefloquant@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·4 months ago“In case a gatekeeper does not comply with the obligations laid out in the DMA, the Commission can impose fines up to 10% of the company’s total worldwide turnover, which can go up to 20% in case of repeated infringement.”
Define “massive.” Because if it doesn’t substantially cut into their profits then it’s not a fine but just the cost of doing business.
“In case a gatekeeper does not comply with the obligations laid out in the DMA, the Commission can impose fines up to 10% of the company’s total worldwide turnover, which can go up to 20% in case of repeated infringement.”