I thought the same thing, but I was corrected here on HN: if you read the same exact like you posted, it says "a fine up to €20 million or up to 4% of the annua

I thought the same thing, but I was corrected here on HN: if you read the same exact like you posted, it says "a fine up to €20 million or up to 4% of the annual worldwide turnover of the preceding financial year in case of an enterprise, whichever is greater", so the they ARE allowed to fine you EUR 20 million. Much more than "just a cost of doing business" for the majority of companies.