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this post was submitted on 08 Jul 2023
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The rule of GDPR is €10,000 or 5% of annual gross earnings (not net) per incident, whichever is greater.
Even the likes of Meta don't want to deal with that kind of fine hence why Threads has not been released in the EU.
So it is totally achievable, the problem is the US government don't actually want to fix the problem because of lobbying.