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Submission + - Facebook condemns European data protection fines (computerworlduk.com)

concertina226 writes: Facebook claims companies could start court battles with data protection authorities if the regulators are given powers to levy fines of 2% of global turnover for data protection law breaches.

Facebook said the European Commission's proposed sanctions regime — which is contained in its draft General Data Protection Regulation — could also put off US and other businesses from trading within the EU, meaning less jobs being created.

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Facebook condemns European data protection fines

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Can anyone remember when the times were not hard, and money not scarce?

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