5 ms·

Good they get fined, but those amounts really are peanuts for companies of that size.

by MrDresden 5y ago

geewee 5y ago
You'd imagine(hope?) they might get more fines if they don't stop.
- nmehner 5y ago
  "In addition to the fines, the restricted committee ordered the companies to provide Internet users located in France with a means of refusing cookies as simple as the existing means of accepting them, in order to guarantee their freedom of consent, within three months. If they fail to do so, the companies will have to pay a penalty of 100,000 euros per day of delay."
  - PeterisP 5y ago
    So, 36.5 million per year of delay - perhaps that's affordable on their scale.
    - Youden 5y ago
      If they continue to refuse, the fines are unlikely to stop there.
    - MauranKilom 5y ago
      Well, it's ~356 developers they could have paid for that year instead. If only France fines them that might be workable, but there are a lot of other countries in the EU...
    - avianlyric 5y ago
      GDPR allows fines up 4% of global annual turnover. So $3B for Facebook if the regulator wanted to.
      - PeterisP 5y ago
        This is not a GDPR fine, that (as of now - there's some push to change that in the future) can't be passed by France and would have to go through Ireland's regulating agency (since Ireland is the country chosen by Google) which has been not particularly willing to enforce GDPR against the major multinationals.
    - the_french 5y ago
      if I recall correctly, the fine scales up as time goes on up some (2?) percentage of company revenue. Like most people I would be happier seeing them get a several billion dollar fine right off the bat but so long as it eventually becomes unbearable that's good enough for me.
Cthulhu_ 5y ago
Yes and no; percentage wise it's a dent, but it's still a lot of money. It's enough money that they will probably employ / deploy a small army of lawyers to get them to reduce or dismiss the fine, or stall it for as long as possible. 150 million buys you a lot of lawyers' time.
MauranKilom 5y ago
This is only France. How much money do you think Google makes in France? And there are a lot more EU members to go around, too.
foepys 5y ago
Europe does fine differently than the US. The fines will increase dramatically and persistently for each continuing violation. It might eventually reach 4% of annual world-wide revenue - for each EU country.

Good they get fined, but those amounts really are peanuts for companies of that size.

geewee 5y ago

You'd imagine(hope?) they might get more fines if they don't stop.

nmehner 5y ago
"In addition to the fines, the restricted committee ordered the companies to provide Internet users located in France with a means of refusing cookies as simple as the existing means of accepting them, in order to guarantee their freedom of consent, within three months. If they fail to do so, the companies will have to pay a penalty of 100,000 euros per day of delay."
- PeterisP 5y ago
  So, 36.5 million per year of delay - perhaps that's affordable on their scale.
  - Youden 5y ago
    If they continue to refuse, the fines are unlikely to stop there.
  - MauranKilom 5y ago
    Well, it's ~356 developers they could have paid for that year instead. If only France fines them that might be workable, but there are a lot of other countries in the EU...
  - avianlyric 5y ago
    GDPR allows fines up 4% of global annual turnover. So $3B for Facebook if the regulator wanted to.
    - PeterisP 5y ago
      This is not a GDPR fine, that (as of now - there's some push to change that in the future) can't be passed by France and would have to go through Ireland's regulating agency (since Ireland is the country chosen by Google) which has been not particularly willing to enforce GDPR against the major multinationals.
  - the_french 5y ago
    if I recall correctly, the fine scales up as time goes on up some (2?) percentage of company revenue. Like most people I would be happier seeing them get a several billion dollar fine right off the bat but so long as it eventually becomes unbearable that's good enough for me.

Cthulhu_ 5y ago

Yes and no; percentage wise it's a dent, but it's still a lot of money. It's enough money that they will probably employ / deploy a small army of lawyers to get them to reduce or dismiss the fine, or stall it for as long as possible. 150 million buys you a lot of lawyers' time.

MauranKilom 5y ago

This is only France. How much money do you think Google makes in France? And there are a lot more EU members to go around, too.

foepys 5y ago

Europe does fine differently than the US. The fines will increase dramatically and persistently for each continuing violation. It might eventually reach 4% of annual world-wide revenue - for each EU country.