3 ms·
don't take my word for it, but I believe that you can only if they have opened a subsidiary in EU. The fine is percent of global sales (not profit).
by GoToRO 7y ago
don't take my word for it, but I believe that you can only if they have opened a subsidiary in EU. The fine is percent of global sales (not profit).
- toong 7y agoI believe that statement is incorrect :-)
- mattlondon 7y agoAs far as I understand it, if they are processing EU citizens' data then they are liable for GDPR regardless of where they run their business from. https://www.techrepublic.com/article/the-eu-general-data-protection-regulation-gdpr-the-smart-persons-guide/ https://www.techrepublic.com/article/the-eu-general-data-pro...
- GoToRO 7y agoThen I'm curious how do they enforce it. Maybe with US there are some treaties signed, but what about a foreign country that has no treaties with the EU?
- mschuster91 7y agoGo for the payment processors - seize any funds destined for the target company, for example.
- volkl48 7y agoTo date, the answer to that question appears to be: Sternly worded letters, which will be promptly ignored. There's no actual enforcement mechanisms against an entity that does not exist in the EU and has no financial exposure to it. That includes with the US, as far as I can tell.
- jacquesm 7y ago> don't take my word for it We definitely should not. You are wrong. In that case you are supposed to have to appoint a local representative, see Article 27.