This "cost of doing business" meme is becoming annoying. Collectively, Facebook, WhatsApp and Meta platforms have been fined in 2022 for $687 million by a single country alone, Ireland[1]. $117 billion was the global revenue, the revenue generated in Europe was $25.8 billion[2], so the fines amount to 2.6% of what they make by accessing the European markets. Also their net income was $23.2 billion, globally, so the fines from a single country made 3% of that.
Do you still think it's a negligible cost? These costs are also going up: in January 2023 Ireland issued two more fines for $0.4 billion.
[1]: You can check at https://www.enforcementtracker.com/
[2]: https://www.statista.com/statistics/745351/facebooks-quarter...