Isn’t the digital services act a bad thing, similar to the UK online safety act … government overreach trying to block free speech .
Comment on Instagram and Facebook are breaking the EU’s illegal content rules
Atelopus-zeteki@fedia.io 1 day ago
Six percent is just 'cost of doing business'. Make the fine big enough that zuck actually cares, and then the illegal activity will stop. I suggest 50%.
mysticmartz@lemmy.world 1 day ago
Keelhaul@sh.itjust.works 10 hours ago
DSA and OSA are very different pieces of legislation
FauxLiving@lemmy.world 1 day ago
It’s six percent of revenue, not 6% of profit.
Meta’s net profit margin is around 40%, so the fine would be around 15% of their yearly profits. That’s not insignificant.
On top of the fine for being in violation, they can be fined 5% of their daily profits every day until they’re in compliance.