All penalties for to large organizations should be based on global turnover. Not only that, they should have a third metric which is based off the calculated benefit the company gained by breaking the regulation.
So if Meta complains it would cost $X to moderate effectively, they should be fined $X * 3 or whatever. If Amazon saves $500B by misclassifyjng its drivers as contractors, they should be fined $1.5T. If the company needs to file for bankruptcy because it was based on illegal practices, so be it.
All penalties for to large organizations should be based on global turnover. Not only that, they should have a third metric which is based off the calculated benefit the company gained by breaking the regulation.
So if Meta complains it would cost $X to moderate effectively, they should be fined $X * 3 or whatever. If Amazon saves $500B by misclassifyjng its drivers as contractors, they should be fined $1.5T. If the company needs to file for bankruptcy because it was based on illegal practices, so be it.