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Cake day: June 26th, 2023

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  • The profit they’d need to make off EU users would need to increase by over $4.66 billion to make a 4% fine on of global revenue.

    Even if every single person in the EU (including babies and anyone who doesn’t have a meta account) took up the paid tier it wouldn’t offset a 4% fine on global revenue. They’d need it make $10 profit extra per person per month. Their price is €10 (just over 10 USD) a month. Subtract from that 20% tax and another let’s say 5% for card handling fees and their general costs gives them €7.50. The you need to subtract from that what they were making off users before as we’re looking at increase.