How big tech generated billions in fines… then didn’t pay them

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PARIS: Rarely a month goes by without big tech companies getting fined for price fixing, squashing competitors or misusing data, but it can take years before they pay a penny.

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Ireland’s data regulator confirmed to AFP that Meta has not paid any of the €2bil (RM10.20bil) in fines issued since last September. TikTok also owes hundreds of millions.

Amazon is still appealing against a €746mil (RM3.8bil) fine from 2021, Luxembourg’s data regulator told AFP.

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Google is still disputing EU fines worth more than €8bil (RM40.81bil) for abusing its market position between 2017 and 2019.


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