• Successful_Try543@feddit.org
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      4 days ago

      Let’s hope so, yet I don’t think this will happen.

      The current oversight processes are absolutely useless against these billion-dollar companies. Even the fines against Meta and Apple under the Digital Markets Act (DMA) in April 2025 were surprisingly low. Remember, fines can be up to 10% of the company’s total worldwide annual revenue. While fines of €200 million or €500 million, respectively, sound a lot, it could have been in the billions.