this post was submitted on 17 Aug 2023
993 points (98.8% liked)

Privacy

31385 readers
1631 users here now

A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

Some Rules

Related communities

Chat rooms

much thanks to @gary_host_laptop for the logo design :)

founded 4 years ago
MODERATORS
 

๐Ÿ˜

you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 47 points 1 year ago (1 children)

Besides panicking a few regional managers, this can only be a bad news for Meta if other countries, or even better, the EU follows them.

100kUSD/day for a 5.4M inhabitants country, that scales to 8.3M$/day for the total 450M inhabitants EU has (yes: I know that's not how it works, I'm doing a very gross approximation here).

That's would be 3B$/year. Now we're talking!

[โ€“] [email protected] 3 points 1 year ago

They have to break the DMA once that's in effect, 15% of their global yearly revenue is exactly what they deserve!