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Re:So Your Startup Received the Nightmare GDPR Letter by 3pt14159 on Tuesday May 29, 2018 @10:09PM (#17184478)
The max fine is 4% with a $20m floor.

People play games with language and try to pretend that just because judges have discretion that this isn't somehow ridiculous.

It is not mandatory that the EU issue a warning. What the EU should have done if they didn't want small startup owners to freak out is they should have made the process clearer and if the $20m level is only aimed at massive corporations then why make it $20m at all? Why not just make it 10% of revenue? I'm not from the EU, I have no idea how the EU court system works. They did not make this easy for small startups.

Re:So Your Startup Received the Nightmare GDPR Letter by GiuseppaAcciaio on Wednesday May 30, 2018 @10:47AM (#17188067)
Let's read the actual document then shall we? It's written in plain enough language for anyone to understand: http://ec.europa.eu/newsroom/just/document.cfm?doc_id=47889 20m is one of the two ceilings (the other being 10m) for fines, and in several paragraphs in the document I linked the principles of discretionality, effectiveness and proportionality are stated. If a regulator tried to levy a $20m fine against a startup for a first offence, there would be a strong case to appeal the ruling at an EU court