Both Meta and the DPC have refrained from providing detailed comments on the matter. The DPC confirmed that a fine is being issued but is awaiting Meta’s redaction of certain details before publicly releasing the ruling. Meta, on the other hand, expects the formal announcement of the ruling to take place on Monday, May 22nd, 2023.
Meta has developed a reputation for appealing the fines it has incurred, and it may have previously considered the financial impact as part of its revenue planning. However, the potential size of this impending fine could have more significant consequences for the company. As an established and influential tech giant, Meta’s actions and regulatory challenges have far-reaching implications.
