EU Commissioner Renews Call for Serious Fines in Data Privacy Laws

DW100 writes "Despite Google being fined €900,000 by Spanish authorities and €150,000 in France for its controversial privacy policies in recent months, an EU commissioner has admitted this is mere 'pocket money' to the company. Instead, a new legal regime that would have seen Google fined $1bn for breaching data protection laws is needed to make U.S. companies fear and respect the law in Europe. 'Is it surprising to anyone,' asked Commissioner Viviane Reding, 'that two whole years after the case emerged, it is still unclear whether Google will amend its privacy policy or not? Europeans need to get serious. And that is why our reform introduces stiff sanctions that can reach as much as 2% of the global annual turnover of a company. In the Google case, that would have meant a fine of EUR 731 million (USD 1 billion). A sum much harder to brush off.'"

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Re:Here is your citation

[Sockatume]

For those keeping track, all of their highest-ever Cartel fines were against EU companies, in one case jointly with a Korean company. If you read the numbers in the PDF they make everything Google and MS have ever paid with seem like a diner tip.

Saint Gobain (France)
Philips (Netherlands) and LG Electronics (Korea)
Deutsche Bank AG (Germany)
F. Hoffmann-La Roche AG (Switzerland)
Société Générale (France)
Siemens AG (Germany)
Pilkington (UK)
E.ON (Germany)
GDF Suez (France)