Meta subsidiaries were fined a combined AUD 20 million for deceptive conduct, a rare example of Big Tech being held accountable.

Facebook wanted to buy Snapchat for 3 billion, and who knows how much Meta nets in a year now. AUD 20 million is peanuts and NOT holding them accountable. That’s the equivalent of a $100 speeding ticket for a rich person. It’s the price of doing business.