> Especially severe violations: 20,000,000€ or 4% of last year’s global turnover. Whichever is higher. Yes, higher!
This is the MAXIMUM POSSIBLE fine. This is not a minimum fine. It's not a typical fine.
From http://data.consilium.europa.eu/doc/document/ST-5419-2016-IN...
Article 83:
Section 4:
> Infringments of the following provisions shall, in acccordance with paragraph 2, be subject to administrative fines up to 10 000 000 EUR, or in the case of an undertaking, up to 2% of the total worldwide annual turnover of the preceding financial year, whichever is higher:
Section 5:
> Infringements of the following provisions shall, in accordance with paragraph 2, be subject to administrative fines up to 20 000 000 EUR, or in the case of an undertaking, up to 4% of the total worldwide annual turnover of the preceding financial year, whichever is higher:
> Infringments of the following provisions shall, in acccordance with paragraph 2, be subject to administrative fines up to 10 000 000 EUR,
> be subject to administrative fines up to 10 000 000 EUR,
> fines up to 10 000 000 EUR,
> up to
"Up to" means this is the maximum possible fine for the worst, flagrant, on-going, violation.