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To fine the company for merely 5% of their $110 bln revenue it would take 110 countries. Compared to the average US income, $50M is 15$.
by eeZah7Ux 8y ago
To fine the company for merely 5% of their $110 bln revenue it would take 110 countries.
Compared to the average US income, $50M is 15$.
- olivierduval 8y agoIn case of repeated and obvious offense (not the case of Google for now), the fine may grow up until 4% of the annual revenue... For each case !
- chillacy 8y agoIs that 100 billion from all countries? If fines from EU exceeds profits from EU then that division would be bust, it’s more like 25 billion.
- eeZah7Ux 8y agoSo many downvotes. Never criticize our corporate overlords.