An impressive amount of gall. Meta will only pay the full settlement if their competitors ALSO pay a fine. From the article:
The remaining 30% (approximately $5.3 billion) will be released only after two specific conditions are met.
YouTube and TikTok implement a one-hour Daily Limit, Night Mode, and age assurance measures.
YouTube and TikTok each pay an amount matching the 30% figure, with half of the remaining funds tied to YouTube's payment and half tied to TikTok's.
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An impressive amount of gall. Meta will only pay the full settlement if their competitors ALSO pay a fine. From the article:
The remaining 30% (approximately $5.3 billion) will be released only after two specific conditions are met.
YouTube and TikTok implement a one-hour Daily Limit, Night Mode, and age assurance measures. YouTube and TikTok each pay an amount matching the 30% figure, with half of the remaining funds tied to YouTube's payment and half tied to TikTok's.