Re: Big fines are just a cost of doing big business
Plus, non-compliance will lead to daily fines of up to 5% or global turnover. This is definitely enough to get Google to comply.
Let's see what Google get fined for non compliance - it won't be 5% of turnover per day. Alphabet's liquid assets are about the same as annual turnover of around $110bn, so they'd be bankrupt in less than a month at that rate. I can't see that any developed world court would support that sort of penalty as reasonable. But if the EU actually tried it, how do you think Trump might respond, and do you think that any battle over tech would have a good outcome for the EU?