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> The intention of the fines is not to make money but to discourage illegal behavior. Of course fines are a revenue source, the EU operates on multiyear fixed
by dontnotice 8y ago
> The intention of the fines is not to make money but to discourage illegal behavior.
Of course fines are a revenue source, the EU operates on multiyear fixed budged which they supplement with fines and tariffs.
The bulk of that wealth transfer is reliant on the coffers of US companies.
- gonvaled 8y ago> The bulk of that wealth transfer is reliant on the coffers of US companies. Please share your sources. And, just assuming you are right, those coffers are full of untaxed revenue from EU markets.
- sqdbps 8y agoThe record fines were levied on US firms. Are you suggesting that it's legitimate to fine US companies on antitrust grounds to supplement tax revenue?
- sgift 8y agoIt's legitimate to fine US companies breaking antitrust laws. If that happens to supplement tax revenue that's an extra benefit.
- sctb 8y agoSince this is basically all you post about, you're breaking this guideline: > Please don't use Hacker News primarily for political or ideological battle. This destroys intellectual curiosity, so we ban accounts that do it. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- deleted 8y ago[deleted]
- dontnotice 8y agoIt's not a battle it's a legitimate point of view. It's also backed by evidence. Also I balance it with the variety in my submissions.