Comment by goobatrooba
2 days ago
You confidently state that EU fines relative to global revenue, but you are wrong.
The case linked above is an Italian competition authority, so I'm any case, no EU level calculation.
There are various legal bases applicable at EU level (competition, GDPR, ...) so depending on the case which rules are applied varies. But in general these guidelines apply, which explicitly state the basis as follows:
https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CEL...
> In determining the basic amount of the fine to be imposed, the Commission will take the value of the undertaking's sales of goods or services to which the infringement directly or indirectly relates in the relevant geographic area within the EEA. It will normally take the sales made by the undertaking during the last full business year of its participation in the infringement (hereafter ‘value of sales’).
E.g. most recent EU cases as per their press website note that they applied these guidelines:
https://ec.europa.eu/commission/presscorner/detail/en/ip_25_... https://ec.europa.eu/commission/presscorner/detail/en/ip_25_...
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