4 ms·
https://gdpr.eu/fines/ https://gdpr.eu/fines/ - 20 million euros or 4% of global turnover, whichever is higher. It's not capped; it's designed to be more harmfu
by Robin_Message 4y ago
https://gdpr.eu/fines/ https://gdpr.eu/fines/ - 20 million euros or 4% of global turnover, whichever is higher. It's not capped; it's designed to be more harmful to smaller businesses†, but it does scale with business size.
† I mean, that's probably not the exact intention, but that is the effect of a huge monetary cap alongside the proportion of turnover. I also think 4% of turnover is problematic given the old Pinto equation (https://www.spokesman.com/blogs/autos/2008/oct/17/pinto-memo-its-cheaper-let-them-burn/ https://www.spokesman.com/blogs/autos/2008/oct/17/pinto-memo... ); I'd rather a cap set in the region of 150% of global gross profit, but capitalists would never go for that.