EU whacks Apple and Meta with $800 million in antitrust fines. Meta calls its penalty a ‘tariff’ (www.cnn.com)
from cm0002@lemmy.world to world@lemmy.world on 23 Apr 16:09
https://lemmy.world/post/28611802

#world

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adarza@lemmy.ca on 23 Apr 16:23 next collapse

has zuck always been this fucking stupid, or has he just been eating his own dog food too long?

danc4498@lemmy.world on 23 Apr 16:42 next collapse

It’s manipulative, not stupid.

KeenFlame@feddit.nu on 24 Apr 10:36 collapse

Yeah more hateful and betraying humanity plotting to end the life of our entire planet. Stupid is such a small word

Fingolfinz@lemmy.world on 23 Apr 16:44 collapse

Don’t let him off the hook by claiming it’s him being stupid. He’s spewing bad faith bullshit

als@lemmy.blahaj.zone on 23 Apr 16:32 next collapse

The cost of doing business for them. Make the fines actually proportional and ongoing until they stop breaking the laws

thericofactor@sh.itjust.works on 23 Apr 16:33 next collapse

Of course they want to politicize this. And the EU is being far too careful here, these amounts are only 1.5% of the maximum penalty. They got off easy

Sneptaur@pawb.social on 23 Apr 16:37 next collapse

Well, now we know why Trump and JD Vance were saying anti-EU things lately

KeenFlame@feddit.nu on 24 Apr 10:40 collapse

The corpos control your laws, narrative, everything and they are considered to be human. They are demonic entities of destruction and you are slaves to their unending urge to divide and ruin our race. To kill us as profits are easier to achieve when humans are out of the equation

lily33@lemm.ee on 23 Apr 16:46 next collapse

Meta calls its penalty a ‘tariff’

That’s a retaliatory tariff. Meta broke the law, and the EU retaliated.

joelvdc@lemmy.world on 23 Apr 16:52 next collapse

Oh yeah, wait! Law should be shaped after Meta’s way of doing business, so unfair.

commander@lemmy.world on 23 Apr 17:45 next collapse

Just trying to market on stupidity like Trump

floquant@lemmy.dbzer0.com on 23 Apr 17:59 next collapse

The rich and powerful are going mask off about being above the law. Fuck you lizard boy, and fuck Meta and their “products”

Siegfried@lemmy.world on 23 Apr 18:03 next collapse

Well, apparently, meta can be charged with higher tariffs

NoForwardslashS@sopuli.xyz on 23 Apr 18:15 next collapse

Meta is a tariff on humanity.

WanderingThoughts@europe.pub on 23 Apr 19:21 next collapse

Ah, no. The real tariffs come when the EU starts to charge them through the nose for using EU customer data. This is on the agenda for when some real retaliation is needed.

Moonrise2473@feddit.it on 23 Apr 19:25 collapse

Well, the Italian IRS decided that the Italian users data is worth €18 billion so they want to get €4 billion in vat from Facebook lol

MolecularCactus1324@lemmy.world on 23 Apr 20:22 next collapse

Ban meta from the EU

Maeve@kbin.earth on 24 Apr 17:46 collapse

I'd suggest banning them from existence, but maybe that's just me.

Hikuro93@lemmy.world on 23 Apr 22:36 next collapse

Looking forward to where this goes if Europe sticks to its guns when things get ugly. Let them belittle us, let them antagonize, misdirect and make fun.

We haven’t even started pressing where it really hurts the US and its oligarchs. Which is precisely their precious digital exports we all consume and barely tax.

Never give in to bullies. Absolutely never, no matter how enticing or harmless they make it seem. Watch them repeat a Trump-China by poking the bear then sheepishly back down and say “Europe needs to make a deal with us” when it bites their behind.

ColdWater@lemmy.ca on 23 Apr 22:47 next collapse

800m is just a small change for them

orcrist@lemm.ee on 23 Apr 23:04 collapse

That’s true, but they got fined for their violations which they want to continue, and future fines are likely.

roserose56@lemmy.ca on 23 Apr 22:51 next collapse

Penalty Tariff ? no, no Meta, this is what you need to pay monthly, for all the data you sell and use without consent!

ms_lane@lemmy.world on 24 Apr 08:14 collapse

€200 million per month for all European users data is likely well within ‘cost of business’ for Facebook…

Litebit@lemmy.world on 23 Apr 23:29 next collapse

fine Meta for calling it a tariff.

ms_lane@lemmy.world on 24 Apr 08:08 next collapse

This isn’t just about a fine; the Commission forcing us to change our business model effectively imposes a multibillion-dollar tariff on Meta

Technically true I guess, (A Fine is a Price, U Gneezy) but only since it’s not enough of a fine. Make it €200 billion instead of €200 million.

Skydancer@pawb.social on 24 Apr 08:37 next collapse

They could have imposed up to €55 billion across the two companies. That doubles for repeat offenders. This was clearly meant as a warning.

vxx@lemmy.world on 24 Apr 09:32 next collapse

If your business model is violating personal rights, you should have never made it a business model in the first place. Same goes for anti-competetive actions that violate the laws.

KeenFlame@feddit.nu on 24 Apr 10:33 collapse

Yes fuck because a demonic data harvesting entity is not okay with humans. In our contry we do not have corpos deciding laws, it’s also very illegal because corporations are not human and considered gods like in your empire. Hope this helps to explain

ms_lane@lemmy.world on 24 Apr 16:50 collapse

In Australia corporations aren’t considered people, Hope that helps to explain.

riodoro1@lemmy.world on 24 Apr 08:55 next collapse

Let them operate just a couple years more and the far right will win elections in half of the eu.

Are these people blind? Can’t they see who’s pushing the idiot propaganda?

Aliktren@lemmy.world on 24 Apr 14:33 collapse

Can you imagine the backlash if governments started banning social media, banning politics on social media seems more doable but also problematic

Susurrus@lemm.ee on 24 Apr 08:56 next collapse

This is neither new nor surprising. They casually break EU-US personal data transfer agreements like they’re nothing. They know perfectly well they will be fined, but they profit infinitely more from breaking EU law than they have to pay up in fines. It’s a simple business decision. The EU Comission is being very lenient here, like they’ve been for years.

KeenFlame@feddit.nu on 24 Apr 10:29 collapse

They are used to not having to respond to rules and laws and make more money than the fines take so it is a business as usual, and the reason is that “they” in this context is not human. It is an entity of raw unapologetic competitor for ending planet earth, an entity that strives only for profit and harvest any human in the way, even those inside it that help it. There exist no compassion or afterthought for if human lives are worth anything, instead if one of the zealot lawyers in its show any sign of not obeying they are replaced so that the giant demonic machine can ensure that every human inside it is currently doing their best to betray their own race. All the blood money from profits is available to use for this goal, but also the minds of humans that can strategically plant comments and enact articles like this, where they play off the political divide and wars and destruction of the planet. Only to distract even, they don’t need anything but time until we die out so they can focus on profits more

etuomaala@sopuli.xyz on 24 Apr 11:05 next collapse

More of a flick than a whack.

Treczoks@lemmy.world on 24 Apr 16:01 next collapse

They call it a ‘tariff’, I call it a light slap on the wrist. Add a few zeros to make the fine match the damage, EU!

ikidd@lemmy.world on 24 Apr 18:16 collapse

Would a decade in prison be a tariff? If not, maybe the execs would prefer that, rather than make the company pay the fine. Won’t someone think about the company?