JAKARTA Currently, technology is needed so that regulations related to facilities or platforms are getting stricter. Last year, there were many companies that were deemed to have violated the rules and were sentenced to fines.
Based on Proton's calculations, encrypted email developer companies, the number of tech companies' fines globally reached 8.2 billion US dollars (Rp 134 trillion). Some of the companies included in the tally are Amazon, Meta, Apple, Google, and Microsoft.
Most of the fines were given because the five companies were deemed to have violated antitrust laws. In addition, several companies were also sentenced to violate the privacy of their consumers through the platform they developed.
Google is the company with the most fines, reaching USD 2.9 billion (IDR 48 trillion). To pay the fine, Google only takes almost 17 days using free cash flow.
In second place, Apple will need to pay 2.1 billion US dollars (Rp34 trillion) throughout 2024. Although the fine is quite large, just like the fine received by Google, the company managed to pay faster with a maximum duration of a week.
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Proton also revealed the amount of fines owned by other technology companies and how long they can pay the fine. The following is data from the three companies shared:
Data regarding the provision and payment of fines is only a small part of what will happen in 2024. There is a possibility that some fines will not be paid, moreover, Proton does not include payment of lawsuits from non-government.
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