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Considering they keep racking up fines I seriously doubt it. It's become like banking regulation, fines are just a cost of doing business and you just have to f
by TrickyRick 3y ago
Considering they keep racking up fines I seriously doubt it. It's become like banking regulation, fines are just a cost of doing business and you just have to factor in the percent chance of getting caught times average size of fine vs revenue.
See https://www.enforcementtracker.com https://www.enforcementtracker.com
- makeitdouble 3y agoBut banking regulation still has an effect on any entity that can't afford to be continuously fighting lawsuits and paying fines. And actual changes happens on many of these cases. An entity getting fined three of four times for different offenses doesn't mean they never fix any of the issues. An easy example could be Google, who've been a target of so many of these complaints, and made many adjustment, up to building separate data centers with separate management rules to deal with the EU situation.
- xvector 3y agoThese regulations are so overwrought, complex, and even contradictory, that it is literally impossible to comply with them fully. Hence fines.