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> Why does the court even have the option to completely destroy a startup like that? Supposing 100% of the startup's revenue comes from GDPR violations and the
by mcbits 8y ago
> Why does the court even have the option to completely destroy a startup like that?
Supposing 100% of the startup's revenue comes from GDPR violations and they've been doing so for, say, 5 years, then the fine should really be 500% of annual revenue. Or even multiply that by 2 or 3 for punitive purposes. It may or may not destroy the startup, depending on how well funded they are. They could be breaching privacy for reasons other than revenue.
- bronson 8y agoSo why doesn't this apply to larger companies?
- mcbits 8y agoI'm not disputing that it's biased in favor of larger companies.
- pgeorgi 8y ago> Or even multiply that by 2 or 3 for punitive purposes The only place and time where the concept of punitive damages and GDPR overlap is the United Kingdom between May 25, 2018 and March 29, 2019. [edit: and Ireland. They might want to reconsider, given that they host many of the European HQs of US companies.]