Re:Euro MPs back end-to-end encryption for all citizens
by sqeaky on Tuesday June 20, 2017 @11:16AM
(#14595231)
If it just then 4% of revenue fine could well be 0 for startups. I presume they have some provision to prevent 0 euro fines, does anyone know about that provision?
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Re:Euro MPs back end-to-end encryption for all citizens
by jdcarter on Tuesday June 20, 2017 @12:47PM
(#14596159)
From the wikipedia page: "fine up to 20,000,000 EUR or up to 4% of the annual worldwide turnover of the preceding financial year in case of an enterprise, whichever is greater"
So yea, a 20M EUR fine could destroy a startup.