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> fines that amount to a daily expenditure account, do nothing. Even those relatively small fines rarely get paid. Companies can tie up the judgements in the c
by wnevets 6mo ago
> fines that amount to a daily expenditure account, do nothing.
Even those relatively small fines rarely get paid. Companies can tie up the judgements in the courts for years without having to pay a single cent. [1]
> The Data Protection Commission (DPC) is owed more than €4 billion in fines that have not been collected or are subject to legal challenge. The DPC hit companies – including firms in Big Tech – with more than €530 million in fines last year. However, just €125,000 of that has been collected so far, according to data released under FOI laws. Over the past six years, the commission has levied an incredible €4.04 billion in fines, mostly on multinational technology companies. However, of that total, €4.02 billion remains uncollected and just €20 million has been paid in fines so far. In 2024, €652 million worth of fines was levied, of which €582,500 has been paid.
[1] https://www.irishtimes.com/business/2026/01/12/data-protection-commission-owed-more-than-4-billion-in-fines/ https://www.irishtimes.com/business/2026/01/12/data-protecti...
- BizarroLand 6mo agoHopefully they hold off until the financial straw breaks and then they leverage their owed fines to claim ownership of these shithole companies completely. I know I'm dreaming, but still.