Facebook's Email-Harvesting Practice Is Under Investigation in N.Y.

Re:Facebook's Email-Harvesting Practice Is Under Investigati... by omeid2 on Thursday April 25, 2019 @10:28PM (#19754353)

The fines also needs to be fair, not fixed cost. I think the EU has got the percentage-of-revenue approach right. A million dollar fine for a small company can be death-sentence while for a big player it is lose change, that is not fair.

[ Parent | on HN ]

Re:Facebook's Email-Harvesting Practice Is Under Investigati... by cobbzilla on Thursday April 25, 2019 @11:21PM (#19754575)

I agree that percent of revenue is a much better metric to base these kinds of fines off of, but not without reservations -- a small company with high sales revenue but razor thin margin could get killed by a % revenue fine; this seems unfair to the little guy.

On the other hand, if the fine is % income or anything but % gross receipts, then of course the system will be gamed endlessly by accountants and lawyers to show the smallest possible net number. The end result might be worse than a fixed fine. So % of revenue it is.

[ Parent | on HN ]

Re:Facebook's Email-Harvesting Practice Is Under Investigati... by WrtCdEvrydy on Friday April 26, 2019 @12:02AM (#19754761)

> So % of revenue it is.

GDPR, 4% of Global revenue and your Directors can be barred from operating in the EU.

[ Parent | on HN ]