3 ms·

It's on revenue not profit.

• senorrib 2y ago
  So?! I never said they could just bump by 20% and that's it. It's still a percentage. In the end of the day the 20-30% gets treated like tax, and could be offset by a high enough price point.
  • Clamchop 2y ago
    And then the fines will be 20 percent of the new value. It's leaving a lot of money on the table no matter how you slice it and your competitors can easily undercut you by a lot on price by playing fair and not getting fined. And regulators aren't stupid anyway. If the regulation doesn't have the intended effect, then they can change the rules until it does.