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big tech fines revenue

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

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. Google is still disputing EU fines worth more than eight…