EU fines Apple 500M euros, Meta 200M euros for breaking competition rules | CBC News

It’s a warning, with the aim of getting them to comply with EU rules. Not a punishment to put them out of business. But repeat offenders can get repeat fines, up to 10% of global revenue (not profits) which is not a cost of business most companies can ignore.

A friend of mine used to sell weed. His ex ratted him out and he got busted, weed was taken and he got a fine.

"So what are you going to do now?"

"Well, now I just have to sell a little more next month to pay my fine."

This is a cost of doing business for them. Make the fines actually proportional and ongoing until they stop breaking the laws

For the 12 hours it takes them to make that money back, their c-suites will be fuming.