$35M seems like a parking ticket. Has anyone done any studies on fining based on % of income/wealth? Like a traffic violation might be fined at 0.001% of income or something.
[1] https://www.euronews.com/business/2024/01/23/amazon-fined-fo...
> The company AFL, a simplified joint stock company registered in the trade and companies register on January 3, 2000, is located at 67 boulevard du général Leclerc in Clichy (92110). Its turnover amounted to 1.135 billion euros in 2021, for a net profit of 58.9 million euros.
AFL is Amazon France Logistics. Which seems to be the entity that got fined. So the fine is more than 50% of their (the logistics part of Amazon in France) net profit.
[1] https://www.legifrance.gouv.fr/cnil/id/CNILTEXT000048989272
So far GDPR has only yielded symbolic amounts. But the legislative cap is at profit-destroying levels.