@dsfgs @EU_Commission Penalties can be up to 10% of WORLD WIDE revenues in year 1. Year 2 and onwards up to 20%.
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@dsfgs @EU_Commission Penalties can be up to 10% of WORLD WIDE revenues in year 1. Year 2 and onwards up to 20%. 3 comments
@dsfgs @EU_Commission normally I would agree with you. But when you talk potentially 20% of world wide turnover# there is no business that can justify this to their shareholders IMHO. No, the EU is doing the right thing and companies will comply. Within the letter of the law that is.... > within the letter of the law Is there a link to the law that is actually accessible via TorBrowser? > companies will comply |
@EU_Commission @bart
Thanks. Unfortunately, this gets into the '#costOfDoingBusiness' realm, which is unlikely to deter the technoFeudalists much.
They may pretend to care but they secretly won't.
They get money printed, to extract from us. That is their business model, so when they are threatened with fines all that does is increase #inflation.
tl/dr: We still lose, #EU just cashes in. Blocking the technoFeudalist at the network level should be considered as part of a comprehensive strategy.
@EU_Commission @bart
Thanks. Unfortunately, this gets into the '#costOfDoingBusiness' realm, which is unlikely to deter the technoFeudalists much.
They may pretend to care but they secretly won't.
They get money printed, to extract from us. That is their business model, so when they are threatened with fines all that does is increase #inflation.