Facebook, Instagram face Norwegian ban from tracking users for ads

cyu@sh.itjust.works to Technology@lemmy.ml – 152 points –
Facebook, Instagram face Norwegian ban from tracking users for ads
politico.eu
4

You are viewing a single comment

That equates to $36.7M/year. Last year, Meta had a revenue of $114B, so the fine is 0.03% of their total revenue. Definitely just getting written off

37m in one country. Considering the size if the market share in Norway, this is quite a huge fine. If only other countries would do the same. Imagine 37m x 160 or so countries where Meta is active

They should make these kind of fines increase the longer they don’t comply