5 ms·

If facebook is making >4% of its revenue from EU, then it's worth risking the fine.

• foepys 8y ago
  As far as I know they can be fined multiple times until they comply with the law.
  • lugg 8y ago
    Not only that, the fines will get exponentially more severe for repeated non compliance.
    • DanBC 8y ago
      The maximum fine is 4% of revenue.
      • jononor 8y ago
        ...per incident
• falcon620 8y ago
  In Q1, 25% of their revenue come from the EU. https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q1/Q1-2018-Earnings-Presentation-(1).pdf https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q1... (slide 5)
• blibble 8y ago
  isn't it per infraction, so potentially 4% each time they violate a user?