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Or indeed care about the law enough to bother before they're fined for doing it. After all you'll need to prove they didn't delete the data first!
by sleepychu 9y ago
Or indeed care about the law enough to bother before they're fined for doing it. After all you'll need to prove they didn't delete the data first!
- contingencies 9y agoSomeone in Europe should make a privacy complaint just to keep them on their toes.
- jacobush 9y agoYou mean to step on their toes.
- geocar 9y agoThe GDPR penalties can reach 4% global (i.e. sum all related companies) annual turnover per infraction. If anyone ever found out Facebook had a widespread violation, Facebook would be likely be dissolved.
- FridgeSeal 9y agoOh boy would I be thrilled if that happens. Nothing of value will really be lost, replacements would spring up super quickly and I'd like to think that we would have learned enough about the downsides of the current social-network systems for the next generation to avoid the pitfalls and hopefully make something much better.
- Clubber 9y agoI wish US corporate laws had teeth, it's only the criminal ones that apply to every day citizens that do.
- blackbagboys 9y agoAre there any instances of otherwise financially sound major global corporations being dissolved as a result of EU fines / regulatory action? I suspect if the rubber hits the road in this situation, FB would prevail.
- jimnotgym 9y agoNot dissolved, but the EU have shown themselves to be willing to tackle the tech behemoths, as Google recently found with their EUR2.4Bn fine https://www.theguardian.com/business/2017/jun/27/google-braces-for-record-breaking-1bn-fine-from-eu https://www.theguardian.com/business/2017/jun/27/google-brac...
- goialoq 9y agoThat's insane. What's a "single" infraction? It doesn't distinguish between revenue and profit? 4% of global revenue could be more than the total of all profit and salaries.
- alasdair_ 9y ago"Profit" can be kept at zero essentially forever. Revenue is much harder to hide.
- kuschku 9y ago> 4% of global revenue could be more than the total of all profit and salaries. That’s the point. Google recently came of comparatively well with a 4 billion EUR fine, but 2 more fines of the same height for Google are expected. The only way to force a company to follow a law is to make infringing the law more expensive than any profit you could ever dream of making from it.
- pbhjpbhj 9y agoThen they better do their best not to infringe the privacy rights of EU citizens then, eh?
- geocar 9y agoYes. And European courts consider intent carefully. Mere aggregation of personal data isn’t necessarily a violation, but using it commercially almost certainly is.
- geocar 9y ago> What's a "single" infraction? There are lots of things that constitute an infraction: the GDPR aims to broadly protect EU citizen rights. Some infractions can be per individual harmed.