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A comment on Meta Fined $1.3B Over Data Transfers to U.S.. Parent comment

Re:Meta Fined $1.3B Over Data Transfers to U.S. by toxik on Monday May 22, 2023 @06:19AM (#36029482)
20 days of income for this seems extremely low. Were it a person, they would have been jailed and indebted for life.
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Re:Meta Fined $1.3B Over Data Transfers to U.S. by EduardoBautista on Monday May 22, 2023 @06:32AM (#36029587)
No, they wouldn't. An appropriate fine would have been given to a sole proprietor.
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Re:Meta Fined $1.3B Over Data Transfers to U.S. by TeMPOraL on Monday May 22, 2023 @06:34AM (#36029606)
Not really. The EU isn't trying to kill Meta, it's trying to get it to follow GDPR where it applies. For most people, fining them an equivalent of their monthly salary, is a blow painful enough the person won't forget it soon, and will try to avoid getting fined again.
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Re:Meta Fined $1.3B Over Data Transfers to U.S. by JCWasmx86 on Monday May 22, 2023 @06:50AM (#36029749)
Yeah agreed. They will simply continue to violate the GDPR. If the last years global revenue was 116 Billion USD, the fine should be at least 200 Billion. Otherwise companies just will see the fine as cost of doing business.
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Re:Meta Fined $1.3B Over Data Transfers to U.S. by trogdor on Monday May 22, 2023 @11:23AM (#36032628)
Whether something is a 'cost of doing business' is based on whether the cost is expected or unexpected, not its magnitude.
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