?? Fines are not the price a government is willing to sell something for. They are a mechanism of enforcement when it's otherwise not realistic or possible to enforce rules. You levy fines when you can't just arrest people or similar, not because you're okay with the behavior.
All you're saying is that we should tax things we don't like, which... duh. We do that- see alcohol, cigarettes, etc. Actual taxes work way better than fines, since they take into account the revenue involved instead of just being an arbitrary number. But an obvious consequence is that you aren't actually banning the thing, and in the case of a digital product like tiktok you're not even discouraging it.
If you levied a recurring fine on tiktok in return for allowing them to do what they want, you're actively encouraging them to collect and sell as much data as they possibly can, to recoup the fixed cost of doing business with you.
All you're saying is that we should tax things we don't like, which... duh. We do that- see alcohol, cigarettes, etc. Actual taxes work way better than fines, since they take into account the revenue involved instead of just being an arbitrary number. But an obvious consequence is that you aren't actually banning the thing, and in the case of a digital product like tiktok you're not even discouraging it.
If you levied a recurring fine on tiktok in return for allowing them to do what they want, you're actively encouraging them to collect and sell as much data as they possibly can, to recoup the fixed cost of doing business with you.