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What will be TikTok's response to Venezuela's fine and office setup order by June 30, 2025?
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Resolution / Starting Odds
Pays fine and sets up office • 25%
Pays fine but no office setup • 25%
Does not pay fine but sets up office • 25%
Neither pays fine nor sets up office • 25%
Official announcements from TikTok or Venezuelan government
Story
Venezuela Fines TikTok $10 Million, Orders Office Setup Over Viral Challenges That Killed Three Children
Dec 30, 2024, 10:33 PM
Venezuela's Supreme Court has imposed a $10 million fine on TikTok for failing to implement measures to prevent viral video challenges that have allegedly led to the deaths of three children due to the ingestion or inhalation of chemical substances. The court also ordered TikTok to establish an office in Venezuela to ensure compliance with local laws. The fine must be paid within eight days, or further sanctions may be imposed. The money from the fine will be used to create a fund for victims of these challenges, particularly aimed at compensating for psychological, emotional, and physical damages to children and adolescents.
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No action • 25%
Pay fine only • 25%
Both actions • 25%
Establish office only • 25%
Case unresolved • 25%
Fine upheld • 25%
Fine reduced • 25%
Fine overturned • 25%
Operates under U.S. subsidiary • 25%
Other resolution • 25%
Banned in the U.S. • 25%
Sold to non-Chinese company • 25%
Acknowledge some issues • 25%
Deny all allegations • 25%
No official response • 25%
Announce policy changes • 25%
Non-compliance • 25%
Partial compliance • 25%
Legal challenge • 25%
Full compliance • 25%
Ban • 25%
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Negotiated settlement • 25%