Why meta is not fully banned in the EU is beyond me :)
I know banning or forcing meta to obey laws in the US is impossible due to bribes (political contributions), but in the EU I would think meta could at the very least be reined in.
This actually is a result of Meta being forced to obey EU law. Not sure why the article didn't explain things at all, but Regulation (EU) 2024/900 greatly restricts political advertising with typical vagueness, so Meta is enforcing a broad ban to ensure they comply.
Meta aren't 'forced' to do anything other than treat the fines imposed by their lack of adherence to the laws of the territories they operate in as a BAU cost. Meta's profits run roughly the same as the GDP of Paraguay ($60.46 billion in 2025) - i.e. that Country's total value added by an economy through wages, profits, and taxes. Their revenue is on track to exceed the Ukrainian GDP next year.
This year Meta will pay up to $16.7bn to settle landmark US legal actions as result of not obeying US law, reporting $2.4 billion in legal fees in Q2 alone.
The sum total of the EU fines issued (read: appealed and not collected) likely won't even exceed Metas legal fees for the 2026 calendar year; i.e.:
* April 2025 - €200m (DMA "consent or pay" advertising model)
* November 2024 - €797.72m (Antitrust re:Facebook Marketplace)
* September 2024 - €90m (Storage of user passwords in plaintext)
* May 2023 - €1.2b (Unlawful EU-U.S. user data transfers)
* January 2023 - €390m (Forcing personalized ads via terms of service)
* December 2022 - €251m (2018 data breach and system design lapses)
* November 2022 - €265 (Inadequate protection against data scraping)
* September 2022 - €405m (Instagram children's privacy)
jmclnx · · focus · HN ↗
I know banning or forcing meta to obey laws in the US is impossible due to bribes (political contributions), but in the EU I would think meta could at the very least be reined in.
mminer237 · · focus · HN ↗
piltdownman · · focus · HN ↗
Meta aren't 'forced' to do anything other than treat the fines imposed by their lack of adherence to the laws of the territories they operate in as a BAU cost. Meta's profits run roughly the same as the GDP of Paraguay ($60.46 billion in 2025) - i.e. that Country's total value added by an economy through wages, profits, and taxes. Their revenue is on track to exceed the Ukrainian GDP next year.
This year Meta will pay up to $16.7bn to settle landmark US legal actions as result of not obeying US law, reporting $2.4 billion in legal fees in Q2 alone.
The sum total of the EU fines issued (read: appealed and not collected) likely won't even exceed Metas legal fees for the 2026 calendar year; i.e.:
* April 2025 - €200m (DMA "consent or pay" advertising model)
* November 2024 - €797.72m (Antitrust re:Facebook Marketplace)
* September 2024 - €90m (Storage of user passwords in plaintext)
* May 2023 - €1.2b (Unlawful EU-U.S. user data transfers)
* January 2023 - €390m (Forcing personalized ads via terms of service)
* December 2022 - €251m (2018 data breach and system design lapses)
* November 2022 - €265 (Inadequate protection against data scraping)
* September 2022 - €405m (Instagram children's privacy)