One of those is in the billions. The total is about 2 months of Meta income. It's literally a slap on the wrist.
> It's literally a slap on the wrist.
Two months of income are far from a mere "slap on the wrist".
in what world 2 months of income, not profit, income, is a slap on the wrist?!!
Meta made €13.11B from Europe (not the EU but close enough) in 26Q3,[1] so this is more like 1.37 months only-Europe revenue. Having said that, even this paltry amount is enough to get the US administration threatening trade wars, so I guess that’s a factor that plays into the EU’s reticence to fine more. Well, that and the fact that the Irish DPC are corrupt to the core.
[1] https://s21.q4cdn.com/399680738/files/content_files/Earnings...