this post was submitted on 05 Mar 2024
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I dont really use it much tbf just thought it was a cool project but I've just read about how lemmy instances can be fined for not complying with GDPR Read more

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[–] maltfield@monero.town 1 points 8 months ago* (last edited 8 months ago)

The fines usually are a percent of revenue or millions of Euros, whichever is higher.

So if your revenue is 0 EUR then they can fine you the millions of Euros instead. The point of the “percent of revenue” alternative was for larger corporations that can get fined tens or hundreds of millions of Euros (or, as it happened to Meta, in some cases -- billions of Euros for a single GDPR violation).