France’s privacy watchdog has fined Amazon’s French warehouse business $35 million for using an “excessively intrusive sytem” to monitor worker performance and activity.
Which if my math is correct, at an average US household income of $75k that is equivalent to a whopping $30.
As always, when the fine is less than the extra profits earned by breaking the law that’s just the cost of doing business. Until these fines are like 10x+ the extra profits earned this is going to be the normal.
its €10M or 2% turnover whichever is higher, doubling for more sever infringements. Fining based on turnover is the way to go as it eliminates wriggling out of fines and makes them hurt.
Which if my math is correct, at an average US household income of $75k that is equivalent to a whopping $30.
As always, when the fine is less than the extra profits earned by breaking the law that’s just the cost of doing business. Until these fines are like 10x+ the extra profits earned this is going to be the normal.
I’ve always advocated for fines to be assessed as a percentage of global annual revenue.
“Oh, your global revenue was $100B? That will be $1b please.”
EU takes 10% of the profits if rules like GDPR and other Digital acts are breached.
But only at the first offence. The second time they take 20%.
its €10M or 2% turnover whichever is higher, doubling for more sever infringements. Fining based on turnover is the way to go as it eliminates wriggling out of fines and makes them hurt.