EU fines Facebook 110 million euros over WhatsApp deal

Discussion in 'Serious Discussion' started by Yen, May 18, 2017.

  1. Yen

    Yen Admin
    Staff Member

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    #1 Yen, May 18, 2017
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
  2. Oz

    Oz MDL Expert

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    #2 Oz, May 19, 2017
    The women doing it is the same who wanted Apple to pay 16 Billion in (extra) tax.
     
  3. Joe C

    Joe C MDL Guru

    Jan 12, 2012
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    #3 Joe C, May 19, 2017
    looks like the EU has found it's cash cow
    What's really pathetic...is that Face book has a market cap of $130 billion, and they know and can afford these losses and not even blink about it... get caught? oh well a financial slap on the wrists is all Facebook has to worry about. Not enough of a deterrent if you ask me.
     
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  4. Oz

    Oz MDL Expert

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    #4 Oz, May 20, 2017
    Yep, fines should start at 5% market cap minimum.

    3 strikes and you are banned from doing business (in the EU)