Interesting, right? It's like they can make so much money from tracking people in other countries/jurisdictions that paying a fine to the EU once in a while is just part of the payroll.
You'd be correct. Anyone that actually has to deal with regulators quickly understands how easy it is to game the regulations if you're someone of Meta's stature.
Or people will think twice about opening companies in your jurisdiction. There's a reason pretty much all the new fortune 500 companies created in the last few decades are not from the EU.
Why exactly is it that the quality of a society is measured by how many big companies they have? Does Philip Morris contribute to society or detract from it? Can we dispense with the notion that big companies inherently improve society? Letting go of this does not imply you are a communist, regardless of how many seem to think so. You can believe that society achieves better outcomes by having tighter rules of play, rather than an anything goes mentality. Yes it makes it harder to create megacorps with billions upon billions of revenue. And so what?
Except it didn’t. My daughter in the US created an account and it didn’t require any family pairing or verification that the adult paired with her was her parent
Consider that GDPR has been in effect since 2016, with a grace period until 2018 before the EU started to hand out fines.
It's been 7 years that every company operating in the EU knows about these rules, 3 years ago it was already 4 years into effect. There's no excuse, they broke the law, pay the fine.
It's pretty normal for these things to take a while; most fines (and for that matter most prosecutions) would related to historic offences, not ongoing ones.
Obviously. That doesn't mean its good to drive our companies into the dirt, just because they're not people. People depend on them. People work for these companies. Their significance is perhaps far greater than actually ruining just the lives of one person.
Our companies? TikTok is Chinese... That being said, I do not consider jobs or companies benefits a valid argument when it comes to anti trust and regulations.
But you sure know capitalism, and corporations, abuse the goodwill of hoverents, local and national, and communities. You just want to be ultra edgy for some reason.
If it is a single McD employee, fine said restaurant (which is already the case, but you onow that don't you?). If it is a general issue with a franchise chain (McD is running a franchise, so the company to go bankrupt is most likely a franchise in your example), fine them. And yes, that can lead to bankruptcy, as happened a couple of years ago with a Burger King franchise chain in Munich.
If McD is knowlingly selling carcinogenic burgers world wide and reguses to stop, sure, bankcrupt McD.
Data privacy violations are certainly minor. Until we get that through, our companies are going to suffer. We have far, far, far greater problems in the world than privacy issues of usually meaningless data.
I think if that's the case, the fines will have to be increased until we reach a point where they succeed at their task of disincentivizing this behavior.
This was a one occurrences, and TikTok stopped it 3 years ago. The laws are getting tighter and tighter (and vaguer and vaguer), that's why "it keeps happening".
