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If the fine is less than 100% then it’s just a fee not a fine
Fuck off with this bullshit.
What? If you'd say 100% of profit, it would make at least some sense, but 100% of revenue doesn't make any.
It needs to be a punishment or they consider it cost of business, it we say % of profit then they start employing Hollywood style accounting where nothing is ever profitable
I'm pretty sure that TikTok can't afford paying $400 million fine every month or so as "cost of doing business", so they will fix the issue pretty quickly.
Yep that’s my point, we gotta stop be lax with these oversteps
Your original post implied that 400 million is lax.
I do not see it in the article that the fine was repeating monthly until they fix these issues? Can you show me where it says that?
That's just how the GDPR fines work. They are going to get fined until they fix the problems.
Oh, I did not know that. Do you have a source where I can read more? A quick Google search did not result in anything.
Because it is, they made so much more than that and have harmed these kids lives by hooking them into social media so early
They aren't being fined $400 million every month.
They are going to get fined until they fix the problem. The interval is not defined, it's up to the discretion of the office.