> the fine has been calculated on the basis of the value of Google's revenue from search advertising services on Android devices in the EEA.
"They have a lot of money and we would like to have that."
The actual "damages" have nothing to do with their total revenue, only the revenue incident to the behavior in question, which is an independent value and not a percentage of total revenue.
For example, if they improve their search engine which causes more people to use it, it doesn't change the actual amount of damage from separate actions -- it may even reduce it by transitioning some of the defaulted users into users who would make an affirmative choice in their favor -- but it would have increased the amount of the fine when calculated as a percentage of revenue because it would have increased their total revenue.
Well you're making some assumptions about damages and maybe have opinions what constitutes damages. I think the other side you have to consider is if revenue related to wrong doing is in the billions and your fine is in the thousands, it's toothless. Companies will gladly pay a pittance in fines over and over again against billions in revenue. That's not ideal from and enforcement standpoint. It doesn't get companies to follow the law and play by the rules. There's consequences for that too, voters have opinions about their governments letting companies run amok without any real consequences or deterrents.
> I think the other side you have to consider is if revenue related to wrong doing is in the billions and your fine is in the thousands, it's toothless.
If the revenue related to wrong doing is in the billions and the harm is in the thousands, attempting to prohibit the conduct instead of imposing a small tax and using the money to compensate the victims is obviously a large dead-weight economic loss.
"They have a lot of money and we would like to have that."
The actual "damages" have nothing to do with their total revenue, only the revenue incident to the behavior in question, which is an independent value and not a percentage of total revenue.
For example, if they improve their search engine which causes more people to use it, it doesn't change the actual amount of damage from separate actions -- it may even reduce it by transitioning some of the defaulted users into users who would make an affirmative choice in their favor -- but it would have increased the amount of the fine when calculated as a percentage of revenue because it would have increased their total revenue.