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You can check out the list of fines here: https://www.enforcementtracker.com/ https://www.enforcementtracker.com/ If you took the top, single fine for one Amer
by neximo64 3y ago
You can check out the list of fines here: https://www.enforcementtracker.com/ https://www.enforcementtracker.com/
If you took the top, single fine for one American company (Amazon). It is alone more than the sum of all domestic fines in all EU member states put together.
- Macha 3y agoHow much bigger is Amazon than the largest EU company?
- bradleyjg 3y agoBigger how? In terms of Irish revenue?
- s_dev 3y agoGDPR fines can be based on global revenue.
- bradleyjg 3y agoWhich contributes to the impression that it’s a backdoor tariff.
- Macha 3y agoIf it was based on local revenue, companies could easily structure it so that the regulation has no teeth.
- neximo64 3y agoThat's a very poor argument. No company wants to pay any fines at all. I could ask you, what very large company has been comfortable with a fine and has repetitively paid it for over a decade?
- Macha 3y agoI mean, given tax shenanigans, it also wouldn't surprise me if FAANG had significantly more revenue on paper in Ireland than any EU company (except maybe the plane leasing ones?)
- RhodesianHunter 3y agoThat's very clearly an issue of scale.