4 ms·
It's a start. You've got to start somewhere.
by juandazapata 7y ago
It's a start. You've got to start somewhere.
- lelima 7y agoBut if you start that low is gonna be hard to fine later on for more. e.g. Why I have to pay 10kk when Unicredit Bank pay only 130k?
- simplyinfinity 7y agoBecause the fines are not arbitrary, but progressively larger after each offense :)
- NullPrefix 7y agoThat puts an incetive to crime an industry early, before the first small fines.
- riffraff 7y agoit's not a global counter, it's a per-infringer counter.
- NullPrefix 7y ago>Why I have to pay 10kk when Unicredit Bank pay only 130k? Grandparent comment implies otherwise.
- olliej 7y agoThe general advice leading up/immediately after was that the fines would start relatively small, and then progressively grow to 10% of global revenue if they kept violating the law