Big Tech earns enough in less than 3 weeks to pay all 2024 fines

[vietnamrum]

Big Tech earns enough in less than 3 weeks to pay all 2024 fines

Published on January 17, 2025
In 2024, governments worldwide fined some of the world’s largest tech companies — Apple, Google, Meta, Amazon, and Microsoft — a combined $8.2 billion. At first glance, it might seem like authorities are finally holding Big Tech companies accountable for their anti-competitive practices, privacy violations, and other abuses. But a closer look reveals the stark reality: For companies generating up to hundreds of billions of dollars annually, these fines are paid off in mere days — sometimes hours — with barely a dent in their bottom line.

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