Interesting. It seems like after the senate hearings, Facebook is trying to communicate to its users that sending them your data is a necessary part of using their services.
In many jurisdictions that's illegal. EU is saying FB's approach is also illegal unless they make some key changes.
Personally, I hope FB just quits Europe.
Button 1: Agree and proceed. Button 2: Set up credit card billing. Button 3: Close account.
For US & Canada this was $86.65 in the last 4 quarters.
For Europe this was $34.95.
Keep in mind they likely don't target ads using just one person's data: accuracy can be improved by looking at the data of similar people, and looking at the data of friends and family. It isn't as simple as offering a $10/month plan to keep your privacy, because they want everyone's data.
"Your data is worthless, everyone's data is priceless."