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Inversely, heard at a very large AdTech company when a room full of engineers was told about then-upcoming GDPR requirements: "Can't we just pay the fines?" "

Inversely, heard at a very large AdTech company when a room full of engineers was told about then-upcoming GDPR requirements: "Can't we just pay the fines?" "No. The fines scale as a percent of revenues."

adastra22 3y ago
If the percent is less than the profit margin…
- fendy3002 3y ago
  Depends on if the opposite (following GDPR) give more profit margin then this one.
- deleted 3y ago
  [deleted]
- dharmab 3y ago
  n% of a multibillion dollar company? The shareholders would be out for blood!
theshrike79 3y ago
The "percentage of global revenue for the whole parent corporation" was the genius bit in GDPR. Otherwise Facebook could've just founded Privacy Violation Inc and done all the bad shit there. There's just one employee, Frank, and he's paid minimum wage. Now if, for example, Youtube fucks up the GDPR fines are calculated on the global annual revenue of all of Alphabet Inc.