Facebook has made approximately 20 billion in profit yearly for the last 5 years. They don't break down profit by country, but EU represents a small portion of users. About 10% overall. Speculating that overall profits are 2billion from EU means that the fine represents about 5% of profits.
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Facebook has made approximately 20 billion in profit yearly for the last 5 years. They don't break down profit by country, but EU represents a small portion of users. About 10% overall. Speculating that overall profits are 2billion from EU means that the fine represents about 5% of profits.
Not that bad