alt Hacker NewsMaximum GDPR fine is 4% of global revenue in the previous year. If a company has 30% profit margin then they can, in theory, treat is as a cost of doing business, indefinitely.
Maximum GDPR fine is 4% of global revenue in the previous year. If a company has 30% profit margin then they can, in theory, treat is as a cost of doing business, indefinitely.
It's 4% per fine. Each violation is a fine and Meta owns multiple companies that can be fined. But 4% of global revenue already can't be treated as just a cost of doing business. Their shareholders would murder them.