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> Your other claims are more reasonable. But they would lead me to the conclusion we need bigger fines on bigger businesses. Not absolutely bigger, as the law a
by owenmarshall 7y ago
> Your other claims are more reasonable. But they would lead me to the conclusion we need bigger fines on bigger businesses. Not absolutely bigger, as the law already does, but relatively bigger. The more power you have to break the law, the bigger the stakes should be.
GDPR penalties are a flat fee or a percentage of revenue, whichever is higher.
If Google is truly willfully violating the GDPR, the maximum penalty by law could be up to 4% of their global turnover. I would not call that pocket change. But more importantly, it is a relative increase in fine based on the law breaking company.
(Will the EU actually fine Google ~6 billion dollars? Perhaps we will find out!)
- Polyisoprene 7y agoIf their whole business model is selling personal data, then 4% is clearly just a cost of running their business.
- owenmarshall 7y agoThe GDPR does consider willful violations and a pattern of behavior. 4% the first time might be something you can shrug off, especially for a company the size of Google. But if you continue breaking the law and give the regulators an easy second or third bite at the apple... I’d expect Google makes no changes and fights the regulators the first few times. E: I used to have a comment here about Google continuing their current practices against non-EU people but it appears from my reading of the GDPR that may not be so simple
- hobofan 7y agoGiven that "European Commision fines" is its own bullet point under "Costs and Expenses" in Alphabet's latest quaterly report, that view sounds about right.
- icebraining 7y ago> Will the EU actually fine Google ~6 billion dollars? Perhaps we will find out!) The EU already fined Google a total of $9 billion over the last two years.
- auslander 7y agoDid Google pay all of it yet?
- icebraining 7y agoOf course not. Not even the regular people I know pay their fines so fast :)