Comment on ChatGPT, Roblox to fall under strictest EU rules for platformsparentComments−Liquid_Fire1moIt doesn't matter if you're losing money on paper, since the fee is on sales, not profit.−helsinkiandrew1moNo it’s based on “net income”: revenue - expensesBut there are a handful of designated platforms that aren’t paying anything in the first round as they reported a loss during the preceding financial year — including Amazon, Pinterest, Snapchat and Wikimedia.−Liquid_Fire1moWhere is that quote from? The OP literally says it's based on "annual global sales", and so does this:"6 % of the annual worldwide turnover"https://streamlex.eu/articles/dsa-en-art-52/−helsinkiandrew1moThats for fines - the comment I was replying to was referring to the annual fee not fines:"must also file transparency reports, detail risk mitigation plans and pay an annual fee to the European Commission."This is just another shake down. Quickly becoming the least business friendly place on Earth.−Liquid_Fire1moAh I understand now, thank you, my mistake.−fl0id1moWhich is also with good reason, as there's tons of ways to make your profit basically zero or even negative.
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It doesn't matter if you're losing money on paper, since the fee is on sales, not profit.
No it’s based on “net income”: revenue - expenses
Where is that quote from? The OP literally says it's based on "annual global sales", and so does this:
"6 % of the annual worldwide turnover"
https://streamlex.eu/articles/dsa-en-art-52/
Thats for fines - the comment I was replying to was referring to the annual fee not fines:
Ah I understand now, thank you, my mistake.
Which is also with good reason, as there's tons of ways to make your profit basically zero or even negative.