Like EU seems to be fining some large amounts for some company and they basically the only ones fighting for privacy laws, repairability etc. I am pretty sure if they don’t serve EU they can make better bucks by exploiting and doing things they can’t under EU . Am i wrong or missing something ? Why don’t they just pack bag and leave ?
EU is a rich market of 450 million people (Europe is 750). That’s a lot of customers.
This is it. Facebook (or Meta, can’t recall which) put a value of something like $40 per user per year on their users’ data. With a population of 450M, I don’t imagine any company to just walk away from $18B per year when they only get these $1-2B fines every few years.
They probably think of it as a tax that they actually have to pay, or a cost of doing business.