4 ms·
Does it hurt them at all?
by pavlakoos 9y ago
Does it hurt them at all?
- rsp1984 9y agoNot the money part of it. Not sure about legal/strategic implications down the road.
- pavlakoos 9y agoLegal? Legal implications usually can lead to a big fine, but that already happened, so I'm not sure if there's room for follow-up.
- Atropos 9y agoThey have 90 days to "stop the abusive practices", basically meaning find a way to redesign their website - this is what they really care about.
- claudius 9y agoThey had a net income of 23 Billion Dollars in 2016, so the one-time fine alone is approx. 10% of their net income last year. The daily fine of 5% of daily worldwide revenue would amount to approx. 20% of their daily worldwide net income (using the 90 Billion from Wikipedia as worldwide revenue and 23 Billion as net income). Since the EU is likely more than just 10%/20% of their income, they still make some money here, but I doubt that it was worth it for Froogle…