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Amazon hit with record EU data privacy fine, 746 million euros
- peakaboo 5y agoI can tell by the number of comments here that nobody is surprised. We have gotten used to these tech companies being the
- peakaboo 5y agoCan't edit or delete post above, so...
- wutwutwutwut 5y agoI can tell by your reasoning here that you make assumptions about reality based on the number of comments in a duplicate thread. Which is strange. https://news.ycombinator.com/item?id=28006989 https://news.ycombinator.com/item?id=28006989
- Proven 5y agoThe European Commission has solved the problem of euro tech enterpreneurship: 1) keep introducing complicated legislative acts, rules & regulations to ensure Big Government that micromanages every aspect of offline and online life 2) slap a different foreign tech company with a $100+ million fine every quarter 3) channel shakedown money to dead-end pet projects, local newspapers & win election votes Who needs local world class companies when you can slap a $500 million fine on the Yanks every quarter!
- zibzab 5y agoFriendly reminder that when EU hits you with fines of this magnitude, then they are probably _also_ mad at your for other reasons too. Like doing your damnest to not pay any corporate taxes. At this point, EU is using GDPR the same way US used IRS against Capone.
- mcv 5y agoStill pocket change to a trillion dollar company. To companies this size, fines are just part of the normal operating cost.