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4% would obviously be a hit to Google or Facebook, but it wouldn't put them out of business. €20 million would certainly put the company I work for out of busin
by oneeyedpigeon 9y ago
4% would obviously be a hit to Google or Facebook, but it wouldn't put them out of business. €20 million would certainly put the company I work for out of business. Of course, it's quite unlikely to be fined that, but I wouldn't be surprised to see more and more companies folding purely because of the threat.
- Hamuko 9y agoHow much is Google's (Alphabet's) and Facebook's revenue income? And how many times can they get fined for violations before they stop making a profit?
- miragle 9y ago> 4% would obviously be a hit to Google or Facebook, but it wouldn't put them out of business. The point is it would put them out of business if they continued to flout the law. They can't just break the law and keep paying fines. If they get fined, they'll quickly realise they need to make changes.