Hacker News new | ask | show | jobs
by latexr 969 days ago
> Do you have a reference for the fines?

> (…)

> Also the promised megafines have not (and will not be) materialized

https://noyb.eu/en/spotify-fined-eu-5-million-gdpr-violation

https://noyb.eu/en/noyb-win-first-major-fine-eu-1-million-us...

https://noyb.eu/en/eu-58-million-fine-grindr-confirmed

1 comments

For Spotify and Tele2 at least these are cost-of-doing business fines. The GDPR can fine up to 4% of revenue. Spotify's revenue is about €17 billion, so the fine is about 0.03%. For Tele2 the fine amounts to 0.05%.

Grindr did get almost 3%, so that would be at the megafines level. Wonder how much they gained by selling the data though.

In comparison, I'd get easily fined over 3% of my yearly wage for shoplifting here in Finland. And of course would lose whatever I lifted. For Grindr-level privacy crimes I'd probably get a prison sentence. If you want to break the law, better make it for shareholder profit.