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by sfifs 2951 days ago
Irrespective of who gets to keep the fine money, it will cost money and time (and likely lawyers) to handle any regulator inquiries. These complaints barely a day after the law came into force clearly shows that this law has come as a bonanza invitation for "activists" to impose legal costs on whatever target catches their fancy. I wouldn't be surprised with anti competitive targeting. Large corporations will write off the risk and the cost. Small business will choose not to do business and avoid the risk.
2 comments

The law has been in effect for 2 years and the regulatora have given everyone that much time to implement their GPDR compliance. These large companies have not done so. We're people supposed to just ignore them forever because they didn't feel like getting around to following the law?
The GDPR has been there for 2 years, the 25th was just the start date for handing out fines.

Shame on them for ignoring the law for that long, just because there weren't any fines yet.