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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

Norway Took On Meta’s Surveillance Ads and Won::Meta has long fought Europe's demands that it get people's consent before using their data for targeted ads. Then a Norwegian regulator threatened fines of $100,000 per day.

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[-] query@lemmy.world 28 points 1 year ago

That's still just $36.5 million a year, that should be the daily rate for a company the size of Facebook.

[-] sci@feddit.nl 34 points 1 year ago

these fines usually come with a court order to fix the problem, not fixing it will lead to exponentially higher fines or even a complete ban.

[-] Chreutz@lemmy.world 10 points 1 year ago* (last edited 1 year ago)

It's around $10 per person in Norway. Which I imagine is quite a bite of their profits. Going by the average revenue per user (world), it's more than a third of that, so even accounting for profit margins likely being higher in Norway, it's potentially a huge chuck of their profits, if not all of them and a bit.

this post was submitted on 06 Aug 2023
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