This is insane. Thank you for this research @protonprivacy !

“These paltry fines aren’t helpful if you think a fine should function as a punishment for poor corporate governance or an incentive for companies to change their behavior. If a company can pay off a fine with less than a week’s revenue or avoid paying it entirely for half a decade, then it won’t cause executives to tread cautiously.”

#privacy #dataprotection #lobbying

https://proton.me/blog/big-tech-2023-fines-vs-revenue