> Yes, the fines are small enough that they are normalized by the violating corporate as just as small additional cost of doing business. A dramatic negative ex

> Yes, the fines are small enough that they are normalized by the violating corporate as just as small additional cost of doing business. A dramatic negative externality gets trivialized. The signal to other corporates is: go ahead feasting on the corpse of user privacy, just do a proper cost-benefit analysis. Non-compliance just causes another fine. So they could be up to 8% of turnover (not income) a year