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> I think you have a flawed conception of how fines are supposed to work… Fine amounts are not related to company revenue but it gives you an idea of the impac
by LunaSea 3y ago
> I think you have a flawed conception of how fines are supposed to work…
Fine amounts are not related to company revenue but it gives you an idea of the impact it might have on the company and the sentencing differences when we are talking about an American company vs a foreign company.
> Of course it is about competition in the US, otherwise they could freely exit the US market and not pay shit.
No it's not. The only reason these companies comply is that the US has retaliatory tools outside of the US that are very powerful.
It has nothing to do with American contracts which represented a minor share of the revenue in the case of Alstom.
> I mean, this whole conversation is about whether they are being targeted by regulators - your statement is question-begging.
Yes, because they simply broke the law.
I mean Google is still sending data back to the US while this has been illegal since 2020.