Meta's mucky Euro-con leads to mega-fine, splinternet
#314: Europe drops a bomb on Zuck's pay or consent model, and Apple gets one in the neck too. Meta's lawyers are working overtime, and losing...
Meta’s lawyers must be coining it in on the frequent flyer points. I guess that means this year’s Christmas presents all sorted.
As one flock of legal eagles is battling break-up in a DC courtroom, another’s in Europe taking what Bloomberg called a US$230 million “smackdown”.
The rulings require Meta - and Apple which has also been fined US$570 million in the same dragnet - to not only pay, but to entirely change their business models.
They have 60 days to comply, or the fines become daily. Yep, daily. And Google and X are about to be dragged into the mire too.
What this means is change in the US (antitrust), and change in Europe (DMA), and whether Big Tech likes it or not, the rest of the world will find the courage to follow.
It shifts the world closer to my prediction of a splinternet where the world wide web segments into pieces run by nations under their own laws and tax regimes.
Remember this:
And:
It’s not just me, Bloomberg nailed it in its analysis:
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