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So I think that is why the fine is 0.05% of global revenue instead of the full 4% that can be enforced under GDPR. Both the government and Google can spin it as
by longstaff2009 8y ago
So I think that is why the fine is 0.05% of global revenue instead of the full 4% that can be enforced under GDPR. Both the government and Google can spin it as a win.
But say instead France asks for 4% of global revenue, and there are rumblings from Spain, Italy, Germany, UK, Sweden, Poland, Romania, Denmark and Greece that if France is successful they will do the same.
Suddenly the potential fines are 40% of global revenue, but Europe doesn't generate 40% of global revenue.
- avmich 8y agoThe goal of GDPR is to discourage bad business practices. It's expected that fines should be prohibitive for predatory business models. Until Google will comply - or go out of business - the fines will grow. I mean, if somehow Google would manage to pay biggest possible fine without changing practices, I'd expect the law updated to bigger fines.
- ardy42 8y ago> I mean, if somehow Google would manage to pay biggest possible fine without changing practices, I'd expect the law updated to bigger fines. And if they refused to pay, I imagine new laws would be passed to force compliance...such as criminal penalties against corporate executives and board members who choose to leave the fines unpaid. Sundar Pichai's going to have Google pay up if the alternative is that he could end up in a French jail.