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

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.

Ireland’s data regulator confirmed to AFP that Meta has not paid any of the two billion euros ($2.2 billion) in fines issued since last September. TikTok also owes hundreds of millions.

Amazon is still appealing against a 746 million euro fine from 2021, Luxembourg’s data regulator told AFP.