Facebook owner Meta hit with record £1,043,744,000 fine for mishandling user data

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[–]Myocarditis-Man 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

There are two types of fines. Trivial ones, and big ones. First is the type that a company just pays with a smile because they made twice as much money doing the misdeeds that they're being fined for in the first place. An example of that is here. https://apnews.com/article/settlement-fake-public-comments-net-neutrality-ae1f69a1f5415d9f77a41f07c3f6c358

And then there are the huge fines; companies typically just weasel out of those.