Meta May Face Daily Fines Over Pay-or-Consent Model: Rtrs (2)

European Union antitrust regulators are not able to confirm whether Meta’s limited changes to its pay-or-consent model are enough to comply with an EU antitrust order, Reuters reports, citing a statement from the European Commission.

• Commission is mulling next steps, including “periodic penalty payments” running as of June 27, a spokesperson said in a statement to Reuters
  • Daily fines can be as much as 5% of a company’s average daily worldwide turnover
• Separately, Meta told Reuters it is “confident that the range of choices we offer people in the EU doesn’t just comply with what the EU’s rules require ...