Close, but that 2% is actually half of the maximum: "The less severe infringements could result in a fine of up to €10 million, or 2% of the firm’s worldwide a

Close, but that 2% is actually half of the maximum: "The less severe infringements could result in a fine of up to €10 million, or 2% of the firm’s worldwide annual revenue from the preceding financial year, whichever amount is higher." "The more serious infringements go against the very principles of the right to privacy and the right to be forgotten that are at the heart of the GDPR. These types of infringements could result in a fine of up to €20 million, or 4% of the firm’s worldwide annual revenue from the preceding financial year, whichever amount is higher." https://gdpr.eu/fines/ https://gdpr.eu/fines/