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Fining companies heavily is something the EU learned from the US. Examples given : BNP $8bn fine a few years ago, WV just recently, etc. What ground would the
by pyrale 9y ago
Fining companies heavily is something the EU learned from the US. Examples given : BNP $8bn fine a few years ago, WV just recently, etc.
What ground would the US have to defend their companies, when every time an euro country has tried to weight on these issues, the answer has been: "The justice system is separated from the executive" ?
- strictnein 9y agoVW's fine is equivalent to less than 2% of global revenue for a far more serious act. BNP (which must be at the top of the search results when people are googling this) violated criminal law while illegally helping Sudan transfer vast sums to illicit and blacklisted groups through the US financial system. Again, that was $9 billion for something far more serious than tweaking search results.