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Big Tech generated billions in fines but didn't pay them (m.economictimes.com)

submitted 11 months ago by [email protected] to c/[email protected]

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Ireland's data regulator confirmed to AFP that Meta has not paid any of the ₹2 billion ($2.2 billion) in fines issued since last September. TikTok also owes hundreds of millions.

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[–] [email protected] 5 points 11 months ago* (last edited 11 months ago)

If they really wanted to, they could completely kick Meta and Google out of the country. They won't do that, however, because it will be deeply unpopular with the electorate.

They can do a lot in-between, however. They can, for example, halt all payments from resident accounts to Meta/Google