TikTok fined €345m for breaking EU data law on children’s accounts

https://lemmy.world/post/5099049

If it’s not percentage based that’s just the cost of breaking that law if you feel like it.

kbin.social/m/[email protected]/t/…/2365849

Because 3.7% of their yearly revenue totally isnt important at all, nope! It’s not like it’s 0.3% from the fine’s maximum allowed percentage of 4.0% or anything.

Log in - kbin.social

Explore the Fediverse

4% is a fee for breaking the law. It’s so low it just makes that the cost of doing business