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Where is that quote from? The OP literally says it's based on "annual global sales", and so does this:

"6 % of the annual worldwide turnover"

Thats for fines - the comment I was replying to was referring to the annual fee not fines:

> "must also file transparency reports, detail risk mitigation plans and pay an annual fee to the European Commission."

> This is just another shake down. Quickly becoming the least business friendly place on Earth.

Ah I understand now, thank you, my mistake.