Zuckerberg’s Meta under fire: Why the EU may fine the tech giant 6% of Its worldwide revenue

Meta is staring at a potential multibillion-dollar penalty as the European Union (EU) on Wednesday flagged a serious breach of child safety rules. The tech giant faces a fine of up to 6% of its total worldwide annual turnover after a preliminary investigation found it failed to effectively block children under the age of 13 from using Facebook and Instagram.

In its latest press release, the European Commission asserted that its preliminary investigation has found Meta’s current measures to enforce age restrictions are “ineffective in nature.”