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https://theconversation.com/fines-alone-wont-stop-big-tech-behaving-badly-heres-what-might-work-276969>
"As countries around the world look to follow Australia’s lead and implement a
social media ban for kids, many are also considering fines as an enforcement
mechanism.
This is part of the playbook when it comes to regulating big tech. For example,
last month the United Kingdom’s data watchdog fined Reddit £14 million (A$26
million) for unlawfully using children’s data.
In April 2025, the European Commission fined Apple and Meta €500 million (A$820
million) and €200 million (A$329 million) respectively for breaching the
Digital Markets Act. And in September, the commission fined Google nearly €3
billion (A$4.9 billion) for abusive practices in online advertising technology.
But fines don’t always work to encourage companies to follow the law. For some
companies, “illegal with a fine” is interpreted as “legal for a price”. So what
are some other, more effective methods to encourage good corporate behaviour?"
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
