That’s pretty much it. At first you get slapped on the wrist and if you just treat it as a cost of doing business without any changes you’ll soon find out that it’s not a one time fee, nor that it stays the same. I think with GPDR the maximum (one time) fee was up to 10% of companys turnover (not gross profit). With Apples ~390 billion revenue that would roughly round up to 40 billion per fine.
And even if you have endless supply of money there’s still options to shut the whole business down if it’s deemed illegal. It might be a damn slow process, but if you just stubbornly try to fight it with lawyers and money it just doesn’t work.
That’s pretty much it. At first you get slapped on the wrist and if you just treat it as a cost of doing business without any changes you’ll soon find out that it’s not a one time fee, nor that it stays the same. I think with GPDR the maximum (one time) fee was up to 10% of companys turnover (not gross profit). With Apples ~390 billion revenue that would roughly round up to 40 billion per fine.
And even if you have endless supply of money there’s still options to shut the whole business down if it’s deemed illegal. It might be a damn slow process, but if you just stubbornly try to fight it with lawyers and money it just doesn’t work.