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Someone needs to be reminded that anticompetitive practices are illegal (feddit.de)

submitted 4 months ago by [email protected] to c/[email protected]

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[-] [email protected] 31 points 4 months ago

Making it easy is precisely not the point. Having to deal with auditors combing through your accounting records and overseeing your operations until every dollar of illegally gained revenue is accounted for is the point.

The consequence should be onerous, cumbersome and embarrassing for the company.

[-] [email protected] 13 points 4 months ago

I get what you mean, but I prefer massive fines due immediately vs expensive and drawn out processes. Using my example, the very absolute bottom of the barrel Intel's fine could be is a percentage of over $500B (Intel's revenue in 2009 was $35B, multiplied by 15). Even at 1% based on this floor, the fine would be over $5B.

this post was submitted on 05 Mar 2024

1139 points (98.8% liked)

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