Any breaking of the law in regards to children needs to absolutely incinerate the offending party, this fine seems like a drop in the bucket. Kids these days are bombarded by terrible industry practices because companies know if they can get a child hooked, they could be a customer for life(or at least a period of time in their adulthood). In the US, kids are advertised to at literally every corner of their life...in…
What sort of fine would you consider not to be a drop in the bucket? This fine looks to be an estimated 1/8 of TikTok's profit in 2022.
TikTok fined €345M for breaking EU data law on children’s accounts
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Re: TikTok fined €345M for breaking EU data law on children’s accounts
#202Earlier quoted context omitted.
They'll just write bigger golden parachutes into their contacts to offset the risk. That or suddenly everyone is an EVP and the C levels all are just paid fall guys. But 25% revenue might work.
Well add a 3 strikes law [0], after all corporations are supposed to be person, from a legal standpoint. 3 strikes, and the company is dissolved. In fact, this should definitely happen for US credit rating companies which keep on leaking data. [0] https://en.m.wikipedia.org/wiki/Three-strikes_law
Re: TikTok fined €345M for breaking EU data law on children’s accounts
#203Oh no they'll never make that back
If the fine wasn't high enough to disincentivize, it just means we'll have to set the next one higher until we find a point where it works.
But in that view, the fine is whatever size it is and if it isn’t enough, too bad.
…that isn’t how Europe works.
Re: TikTok fined €345M for breaking EU data law on children’s accounts
#204Re: TikTok fined €345M for breaking EU data law on children’s accounts
#205Earlier quoted context omitted.
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> Why can we not put the burden on the parents? You'd like the EU to regulate... parenting?
Re: TikTok fined €345M for breaking EU data law on children’s accounts
#206Re: TikTok fined €345M for breaking EU data law on children’s accounts
#207Earlier quoted context omitted.
>at the end of the day these fines exist because it's easy money for the EU - there's really no way of stopping children from using TikTok, or any social media for that matter but the EU knows that so they fine the companies and keep the gravy train going. Actually, the fines exist to make sure laws are respected. Also, the issue wasn't about users lying about their age, it was about underage users signing up for an…
My point is that there's nothing stopping children from having access to all content to begin with because there's nothing stopping children from signing up as an adult. The correct thing for the EU to do if they actually cared about this is to enforce true validation of ages on social media. This is exactly what's being proposed in the United States, with a 3rd party verification service being required for all socia…
Sure, this can be done already with KYC on the platform. YouTube and Meta already has this.
Even with those mechanisms, Meta still delayed their release for Threads in the EU after getting fined repeatedly and Google still got fined for privacy violations around user location again.
So fineing companies works well. They just need to increase it into the billions of dollars for repeat offenders for them to cave and think again.
Re: TikTok fined €345M for breaking EU data law on children’s accounts
#208Earlier quoted context omitted.
France against french companies: 40M€ for Criteo, 1M€ for Total, 1M+€ for AG2R, 2M€ and 800000€ for Carrefour, 600000€ for EDF, same for Accor, two 300000€ fines for Free, 125000€ for CityScoot, 500000€ for Brico Privé, 400000€ for the RATP. Perhaps others, didn't bother to check any further.
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I was really expecting better comments from hackernews. If we're talking about vibes you should acknowledge that it makes sense for the EU to protect their people and their personal information from really large foreign companies. Even more so from companies that are aligned with the state that has one of the largest military powers in the world.
Re: TikTok fined €345M for breaking EU data law on children’s accounts
#209This is a good start, but I'm going to be very curious to see if EU data law ever starts getting enforced against european companies at scale, as opposed to international companies.
They kinda are but most EU companies just avoid it by not really collecting your data to begin with beyond what they need for service operation. At least in my experience, when I deal with a service in the EU, their privacy policy fits on a few A4s, with the important bits frontloaded and written in an easily understandable way. Even most banks don't really hide what they collect on you and they explain why they coll…
These are the moments I’m grateful to be living in the EU. GDPR was a huge circus of blame on EU bureaucracy back when it was introduced. A lot of hate poured out that every single paper you sign now needs to have a second separate GDPR thing for you to sign. Stupid Brussels making your life more complicated! But now everyone seems to be used to it.