Re:Vermont passes first law to crack down on data brokers
by anfilt on Friday June 01, 2018 @05:28AM
(#17203818)
I was reading straight from the document. I never said minimum either.
This is straight from Article 83 of GDPR:
"Infringements of the following provisions shall, in accordance with paragraph 2, be subject to administrative fines up to 10 000 000 EUR, or in the case of an undertaking, up to 2 % of the total worldwide annual turnover of the preceding financial year, whichever is higher"
Moreover the next fee level is: "20 000 000 EUR, or in the case of an undertaking, up to 4 % of the total worldwide annual turnover"
This is straight from Article 83 of GDPR: "Infringements of the following provisions shall, in accordance with paragraph 2, be subject to administrative fines up to 10 000 000 EUR, or in the case of an undertaking, up to 2 % of the total worldwide annual turnover of the preceding financial year, whichever is higher"
Moreover the next fee level is: "20 000 000 EUR, or in the case of an undertaking, up to 4 % of the total worldwide annual turnover"