The fines for not complying with GDPR are company killing in size, even for a company as big as Meta. The value of an individuals data definitely does not exceed 4% of total annual yearly revenue, which can be the size of the fine for a single violation.
On 2024s global annual revenue of meta that would be a fine of $6.5billion. That’s 10% of their profits for the year.
I guarantee you they are complying with the GDPRs “right to be forgotten” rules.
I think you vastly underestimate just how much Meta is a law unto itself.
This is a company that has threatened countries … twice … Australia and Canada.
It’s not limited to Meta or silicon valley companies either, the fossil fuel companies and pharmaceutical companies are doing the same.
Once a company gets to a certain size, it appears that they become immune to the law and act accordingly, silencing dissent and fighting every obstacle with dogged persistence.
So, the law might say that data should be deleted, but I’d not bet my life on it.
The fines for not complying with GDPR are company killing in size, even for a company as big as Meta. The value of an individuals data definitely does not exceed 4% of total annual yearly revenue, which can be the size of the fine for a single violation.
On 2024s global annual revenue of meta that would be a fine of $6.5billion. That’s 10% of their profits for the year.
I guarantee you they are complying with the GDPRs “right to be forgotten” rules.
I understand your point.
I think you vastly underestimate just how much Meta is a law unto itself.
This is a company that has threatened countries … twice … Australia and Canada.
It’s not limited to Meta or silicon valley companies either, the fossil fuel companies and pharmaceutical companies are doing the same.
Once a company gets to a certain size, it appears that they become immune to the law and act accordingly, silencing dissent and fighting every obstacle with dogged persistence.
So, the law might say that data should be deleted, but I’d not bet my life on it.
I know people that work there, quite high up, and can tell you that they do comply with these requests.