• ohulancutash@feddit.uk
    link
    fedilink
    English
    arrow-up
    5
    ·
    2 days ago

    Yes. Member states issue fines. The maximum is the higher of €20m or 4% of global annual turnover.

    It’s currently a significant part of the Irish economy. They have issued the largest fine to date, €1.2 billion against Meta in 2023.