Comment on EU says TikTok faces large fine over "addictive design"

MagnificentSteiner@lemmy.zip ⁨19⁩ ⁨hours⁩ ago

• BrikoX@lemmy.zip ⁨19⁩ ⁨hours⁩ ago

  Not in this case. DSA is % based fine on global annual turnover. So up to 6% out of $186 billion (using 2025 data) is more than a slap.

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  • MagnificentSteiner@lemmy.zip ⁨18⁩ ⁨hours⁩ ago

    It makes it sound a lot when you put it like that.

    If instead I say that 6% of €1000 is €60 then it doesn’t sound so much despite being in the same proportion.

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    • CouldntCareBear@sh.itjust.works ⁨18⁩ ⁨hours⁩ ago

      Turnover not profit remember. There isn’t a business in the world that wouldn’t feel that.

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      • MagnificentSteiner@lemmy.zip ⁨18⁩ ⁨hours⁩ ago

        It’s reckoned that Bytedance’s profit margin is about 20% which is insane. They’ll easily absorb the 6% (as a general rule of thumb, most businesses would be over the moon with a 10% profit margin).

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