3 ms·
> I wouldn't be suspicious until I read ".. fine of 6.4 billion .." EU fines for anticompetitive behavior are assessed as a percentage of turnover. As a basic
by rbehrends 12y ago
> I wouldn't be suspicious until I read ".. fine of 6.4 billion .."
EU fines for anticompetitive behavior are assessed as a percentage of turnover. As a basic rule, it is set at up to 30% of annual sales related to the infringement (modified by aggravating and mitigating factors) multiplied by the duration of the infringement, plus a base amount of 15%-25%, and capped at 10% of annual turnover.