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Meta is very unlikely to make further changes to its EU pay-or-consent model leading to daily fines of around $22.5 million, Reuters reported
- Meta is very unlikely to make further changes to its EU pay-or-consent model leading to fines, Reuters reported citing people with direct knowledge of the matter.
- EU Commission warned last month that Meta could be hit with daily fines since it has made limited changes to the model.
- Meta reiterates that the model complies with the DMA.
- Meta faces daily fines of up to 5% of its average daily worldwide turnover (around $22.5 million per day based on 2024 revenue of $164.5 billion).
- The DMA gives EU Commission the power to impose non-financial measures such as divestiture in cases of repeated infringements.