Infringements of the following provisions shall, in accordance with paragraph 2, be subject to administrative fines >up to 20 000 000 EUR, or in the case of an undertaking, up to 4 % of the total worldwide annual…
>Stop spreading FUD please. 1: fines are up to (4%? thought it was 2%) depending on the offense (i dont think even Cambridge analytica would qualify to max fine, even if they were a persistant offender). I have to laugh…
> The GDPR explicitly states that penalties must be proportionate Proportionate to what? The max fine is 4% or revenue or $20 million dollars, whichever is larger. So is it proportionate to the $20 million dollar fine?…
You really don't think it's possible that one of the 28 member nations of the EU will pass down an absurdly large fine for some minor infraction? This happens all the time... The fact is, if I am not GDPR compliant in…
You just become persona non-grata in the entire continent of Europe.
>the 4% is the maximun fine allowed.. its not a minimum.. I think it's always safe to assume the worst from bureaucrats. Especially when no sentencing guidelines exist.
Given that protectionism is stupid and protectionists genuinely believe that they are doing something good for their nation when they implement protectionist policies I can use Hanlon's razor and assume both.
> European companies don't appear to be having this problem Did you miss the articles of EU based small projects shutting down operations? Also, do small web based tech companies even exist in Europe? When I look all I…
Infringements of the following provisions shall, in accordance with paragraph 2, be subject to administrative fines >up to 20 000 000 EUR, or in the case of an undertaking, up to 4 % of the total worldwide annual…
>Stop spreading FUD please. 1: fines are up to (4%? thought it was 2%) depending on the offense (i dont think even Cambridge analytica would qualify to max fine, even if they were a persistant offender). I have to laugh…
> The GDPR explicitly states that penalties must be proportionate Proportionate to what? The max fine is 4% or revenue or $20 million dollars, whichever is larger. So is it proportionate to the $20 million dollar fine?…
You really don't think it's possible that one of the 28 member nations of the EU will pass down an absurdly large fine for some minor infraction? This happens all the time... The fact is, if I am not GDPR compliant in…
You just become persona non-grata in the entire continent of Europe.
>the 4% is the maximun fine allowed.. its not a minimum.. I think it's always safe to assume the worst from bureaucrats. Especially when no sentencing guidelines exist.
Given that protectionism is stupid and protectionists genuinely believe that they are doing something good for their nation when they implement protectionist policies I can use Hanlon's razor and assume both.
> European companies don't appear to be having this problem Did you miss the articles of EU based small projects shutting down operations? Also, do small web based tech companies even exist in Europe? When I look all I…