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john_strinlaiyesterday at 5:40 PM1 replyview on HN

how many minutes of revenue is that?

they did $200 billion in revenue and $60 billion in net income last year.

a $3 billion fine would be barely more than a slap on the wrist.


Replies

danudeyyesterday at 5:46 PM

Until we start to penalize companies by percentage of global revenue rather than some arbitrary dollar amount that pales in comparison to their revenues this sort of stuff is going to keep happening.

$3m is nothing. 10% of global revenues (not profits) for each year in which this occurred would be something that might actually make them think twice about breaking the law and harming people for money.

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