The Italian anti-trust authority had originally imposed a fine of 10,000,000 euros on Facebook for violating data protection regulations. For example, the company was reprimanded for failing to inform users that their data was being used. The FB statement that registration is free of charge for the user was also criticized. As is now known, users pay with perhaps their most valuable asset (data). In the first instance, the administrative court had reduced the fine to 5,000,000 euros, but in the second and final instance it was raised again.
We can only hope that the American headquarters will be informed of this. With a net profit of 29,000,000,000 euros in 2020, it can be assumed that the fine can be paid out of petty cash.