An $18bn settlement is a drop in the ocean for Meta – but the tide will still come for it The recent $18 billion settlement between Meta and 52 US attorneys general may have been a pragmatic decision for the tech giant, but it doesn't change the fundamental reality: Meta is still facing a tidal wave of lawsuits and regulatory scrutiny around the world.
Meta's defenders might argue that paying out billions of dollars without admitting liability is a savvy move.
However, this argument glosses over the fact that Meta is still on the hook for potentially billions more in fines and settlements.