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Interested to know the GDPR implications of this for Facebook. This seems like one of those occasions where the regulator might be tempted to impose the maximum
by kristianc 6y ago
Interested to know the GDPR implications of this for Facebook. This seems like one of those occasions where the regulator might be tempted to impose the maximum fine…
- Nextgrid 6y agoSee my other comments on this thread about Facebook's situation with the GDPR: https://news.ycombinator.com/item?id=26682200 https://news.ycombinator.com/item?id=26682200 Long story short, regulators already have more than enough evidence about Facebook's lack of GDPR compliance so they could've already imposed large fines if they wanted to. The fact that it hasn't happened yet shows there's no motivation to actually enforce the regulation.
- donalhunt 6y agoI believe there are still open investigations. But Facebook have enough money and lawyers to ensure a plea deal is agreed. We work out as nothing more than a slap on the wrist. All the big tech companies budget for these fines. You'll often see it called out at earnings where they allocate funds for a particular fine in a given quarter even though the investigation isn't finalised.
- anticristi 6y agoI wish I were Irish. Imagine 3 billion dollars extra taxes! It's like a second COVID-19 relief package.