Hacker News new | ask | show | jobs
by renchap 2900 days ago
This is the initial fine. Now they have 90 days to comply, otherwise they will get penalties (up to 5% worldwide turnover of Alphabet) until they do. From the link:

> Google must now bring the conduct effectively to an end within 90 days or face penalty payments of up to 5% of the average daily worldwide turnover of Alphabet, Google's parent company.

1 comments

Is it me, or 5% isn't that much?
5% of your worldwide revenue (not benefits) for lack on compliance on one issue? With others pending? I do think this is not something you can ignore very long.
It's 5% of turnover, not profit. It is a lot of money for the shareholders.
I think that would be 5% of gross revenue, not profits. I think it's an appropriately large number.