• TheMurphy@lemmy.world
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    9 months ago

    EU takes 10% of the profits if rules like GDPR and other Digital acts are breached.

    But only at the first offence. The second time they take 20%.

    • Womble@lemmy.world
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      9 months ago

      its €10M or 2% turnover whichever is higher, doubling for more sever infringements. Fining based on turnover is the way to go as it eliminates wriggling out of fines and makes them hurt.