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What is the pushback exactly against fining based on average yearly revenues ? The EU has been issuing fines to google as mentioned ($8 billion still owed) but
by bilekas 3y ago
What is the pushback exactly against fining based on average yearly revenues ?
The EU has been issuing fines to google as mentioned ($8 billion still owed) but I never understood why they can't simply charge a 20% of revenue within the EU.
The fines are not to redeem some income for the EU, they're to deter bad actors. This is just not happening.
- orwin 3y agoBecause they do montages to make their local revenue unknowable. Through clever use of debt and licensing.
- disgruntledphd2 3y agoNot across the EU. They have to book EU revenue somewhere in the EU, so it's entirely knowable how much they make. This is also why the fines are based on revenue, to avoid transfer pricing shenanigans.