4 ms·
EU revenue isn't that high. The US Federal budget is $4,000b, the EU budget is $170b Over 4.5 years, from 2013 to 2017, EU fines totaled nearly $10b. That's $2
by isostatic 8y ago
EU revenue isn't that high. The US Federal budget is $4,000b, the EU budget is $170b
Over 4.5 years, from 2013 to 2017, EU fines totaled nearly $10b. That's $2b a year, or just over 1% of the EU's total revenue.
https://www.cnbc.com/2017/06/27/the-largest-fines-dished-out-by-the-eu-commission-facebook-google.html https://www.cnbc.com/2017/06/27/the-largest-fines-dished-out...
- kolbe 8y agoThe EU just fined Google alone $5b. So clearly using past numbers is not an indication of their current or future intentions.