One advocate called the fines "a very important victory in the fight to ensure consumers' safety online." The director of the Norwegian Consumer Council, Inger Lise Blyverket, put out a statement celebrating the ruling, calling it "a very important victory in the fight to ensure consumers' safety online."
No it may not be, but it’s one company and I believe they should be fines based on their global revenue, just like the EU fines alphabet, meta and apple. If a fine doesn’t hurt in their global financial picture, they don’t give a shit.
But like I said, I believe global revenue is a better measure for global corporations when it comes to how large fines should be. They have to be large enough to make these companies proactive and not just reactive. 10% of their global revenue is almost 50% of their income, now that is going to make a difference.
No it may not be, but it’s one company and I believe they should be fines based on their global revenue, just like the EU fines alphabet, meta and apple. If a fine doesn’t hurt in their global financial picture, they don’t give a shit.
Grindr had an Operating Income of $55 Million kn 2023
So the fine is over 10%. Still hurts id say
https://investors.grindr.com/news/news-details/2024/Grindr-Inc.-Reports-Fiscal-Year-2023-Revenue-Growth-of-33/default.aspx?ref=platformer.news
But like I said, I believe global revenue is a better measure for global corporations when it comes to how large fines should be. They have to be large enough to make these companies proactive and not just reactive. 10% of their global revenue is almost 50% of their income, now that is going to make a difference.