nothingcorporate@lemmy.world to Memes@lemmy.ml · 1 年前From the long long ago in the before timeslemmy.worldimagemessage-square45fedilinkarrow-up1774arrow-down114
arrow-up1760arrow-down1imageFrom the long long ago in the before timeslemmy.worldnothingcorporate@lemmy.world to Memes@lemmy.ml · 1 年前message-square45fedilink
minus-squareb3nsn0w@pricefield.orglinkfedilinkarrow-up79·1 年前meanwhile, the eu: well we can’t jail a company, so fuck you, if you break the gdpr you’re liable for 4% of your yearly revenue (not profit, that can be cheated) fines do work but only if they’re relative to how much you make
minus-squarefoggy@lemmy.worldlinkfedilinkarrow-up13·edit-21 年前Fines that don’t even scale in lock step with inflation are walls today, but speed bumps tomorrow.
minus-squareEarJava@lemmy.fmhy.mllinkfedilinkarrow-up8·edit-21 年前There are two tiers of administrative fines that can be levied as penalties for non-compliance: Up to €10 million, or 2% annual global turnover – whichever is higher. Up to €20 million, or 4% annual global turnover – whichever is higher.
meanwhile, the eu: well we can’t jail a company, so fuck you, if you break the gdpr you’re liable for 4% of your yearly revenue (not profit, that can be cheated)
fines do work but only if they’re relative to how much you make
Fines that don’t even scale in lock step with inflation are walls today, but speed bumps tomorrow.
There are two tiers of administrative fines that can be levied as penalties for non-compliance: