Comment by StopDisinfo910
2 days ago
https://en.wikipedia.org/wiki/GDPR_fines_and_notices
Top 5 fines:
1 - Meta - Ireland - €1.2 billion
2 - Amazon Europe - Luxembourg - €746 millions
3 - WhatsApp - Ireland - €225 millions
4 - British Airway - UK - £183 millions
5 - Google - France - €60 millions
I wish every law barely got enforced this way.
pretty pathetic, but people keep insisting you can regulate capital
I'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.
> 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.
My bad, a better analogy would be a dealer making 60k / year selling drugs, gets caught by police and is fined $600. I wouldn’t expect them to change much.
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Would you still do your best to avoid it if that involved taking a pay cut of more than $600/year?
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.
Their net profit was $60billion in 2024. This is peanuts. It can fluctuate by multiples of this fine in a month, depending on whether or not they've had a bad or good month, nevermind year. This pretty much is just a cost of doing business.
It's not even 1% of their annual revenue, let alone the entire multi year period they've been in breach before and since. It's nothing to them.
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