Re:Google starts tracking what people buy in physical stores
by cobbzilla on Wednesday May 24, 2017 @04:02AM
(#14408276)
Just wait to see how the lawyers game these. my bet is no major corp ever pays a penalty that high, ever. there may be some egregious offender that gets caught with this, but not one of the big boys.
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Re:Google starts tracking what people buy in physical stores
by ddalex on Wednesday May 24, 2017 @04:29AM
(#14408400)
If I'm in debt to somebody 10.000, he owns me. If I'm in debt 10.000.000, I own him. Huge fines for behemoths will always be negotiated.
Nevertheless, it's a strong incentive for even the biggest companies to follow the law. EU has the capability and desire to enforce huge fines to make sure data protection laws are obeyed.
Re:Google starts tracking what people buy in physical stores
by Freak_NL on Wednesday May 24, 2017 @05:00AM
(#14408558)
They actually do get fined huge sums, and they do pay up. To them it is just the cost of doing business.
Facebook getting fined for privacy violations:
Re:Google starts tracking what people buy in physical stores
by dx034 on Wednesday May 24, 2017 @04:32AM
(#14408412)
Fines in antitrust cases can already be huge so I would doubt that those fines could be gamed if regulators take it seriously. The alternative to paying a fine is being banned from the market, which for the EU is a big deal.