1 mill NOK (~$100k) daily fine if breached.
1 mill NOK (~$100k) daily fine if breached.
¹ https://en.wikipedia.org/wiki/Kerning
² https://en.wikipedia.org/wiki/Letter_spacing
³ https://en.wikipedia.org/wiki/Typographic_alignment#Justifie...
$100k a day is $3m a month which is $36m a year.
Even if it were $30m a month, it would still be $360m a year.
Meta's net income is about $6 billion / quarter. If we assume that revenue share translates to profit share, that means their profits from Norway are about $30 million / quarter, or about $300k / day.
So the fine is about a third of their profits from Norway. That seems like a pretty significant proportion. If such sums weren't significant, they'd not bother operating in Norway in the first place.
That is, if they openly just keep paying the fine instead of stopping, then the fine will continue to increase.
To say nothing of the very real possibility they may opt to lose money in Norway to fight this precedent there, as opposed to in a market like Germany or France.
Not necessarily, given network effects it can be advantageous to operate it some markets at a loss if the network effects from that market helps you maintain market share in your profitable markets.