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The equivalent EU regulation (Digital Markets Act) allows for up to 10% of global revenue and up to 20% of global revenue for repeat offenses.
by enragedcacti 2y ago
The equivalent EU regulation (Digital Markets Act) allows for up to 10% of global revenue and up to 20% of global revenue for repeat offenses.
- 1992spacemovie 2y agoMy first thought was this. EU regs will ultimately get more $ than JAPAN due to in country v global penalties.
- okanat 2y agoPenalties based on the global revenue also prevent companies finding loopholes in the corporate and tax laws. They need to announce good revenue to have shareholders and they will be judged by the same standards by the law.