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by olliej 2959 days ago
You’re misreading the fine is in the range 0..max(20 million, .04*revenue).

Basically if you’re a small business your maximum fine is likely 20 million, if you’re a large one it’s 4% of your global revenue. The global revenue is needed because companies are perfectly happy moving their money around to minimize the amount of money they make in places that will fine and tax them. They’re also super good at manufacturing reasons that profit does not actually get recorded as profit. Also it’s generally accepted that fines and settlements are an expense, so you’d get a situation where ome fine would effectively discount another.