alt Hacker NewsI'd say the numbers listed here prove the GPs point of poor enforcement. The largest fine is roughly 0.97% of Meta's 2023 revenue, the equivalent of a $600 fine for somebody making 60k / year. It's a tiny-tiny cost of doing business at best, definitely not a deterrent, given Meta's blatant disregard for GDPR since then.
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StopDisinfo910 • yesterday at 10:14 AM
1% of Meta's global revenue is a tiny-tiny cost of doing business? At that point, I think I can stop even trying to argue here. It's a massive fine any way you put it. Especially when you consider the ceiling hasn't been reached and non compliance is more and more costly by design.
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> the equivalent of a $600 fine for somebody making 60k / year
I don't know about you, but on that income I would certainly not brush off such a fine as a "cost of doing business". Would it cause me financial trouble, or would it force me to sacrifice other expenses? Absolutely not. But would I feel frustrated at having to pay it, feel stupid for my mistake, and do my best to avoid it in the future? Absolutely yes.