Lady Butterfly she/her@reddthat.com to Technology@lemmy.worldEnglish · 3 months agoGoogle must pay €4.1bn fine for using Android to 'block' rivalswww.bbc.co.ukexternal-linkmessage-square112linkfedilinkarrow-up1908arrow-down15
arrow-up1903arrow-down1external-linkGoogle must pay €4.1bn fine for using Android to 'block' rivalswww.bbc.co.ukLady Butterfly she/her@reddthat.com to Technology@lemmy.worldEnglish · 3 months agomessage-square112linkfedilink
minus-squareradiouser@crazypeople.onlinelinkfedilinkEnglisharrow-up156arrow-down3·3 months agoabout 0.11% of Google (Alphabet)'s total worth.
minus-squareunalivejoy@piefed.sociallinkfedilinkEnglisharrow-up90·3 months agothe price of doing business
minus-squareJiral@lemmy.worldlinkfedilinkEnglisharrow-up30arrow-down5·3 months agoTotal Worth doesn’t matter. What matters is revenue and profit and that is the basis for the fine.
minus-squareReddfugee42@lemmy.worldlinkfedilinkEnglisharrow-up16arrow-down2·3 months agoWhen it comes to something punitive like a fine, fine versus worth is literally the only thing that matters. If the fine isn’t big enough, it’s more like a fee for doing business. They just added to the bottom line and keep rolling.
minus-squarebadgermurphy@lemmy.worldlinkfedilinkEnglisharrow-up5arrow-down1·3 months agodeleted by creator
minus-squareJiral@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down2·3 months agoIt really is not. Companies operate on creating profit. Activities are judged on their ROI. Worth is not relevant for the ROI.
minus-squarewonderingwanderer@sopuli.xyzlinkfedilinkEnglisharrow-up5arrow-down1·3 months agoI was going to say “Finally, a fine with some substance!” but you took the wind out of my sails…
about 0.11% of Google (Alphabet)'s total worth.
the price of doing business
Total Worth doesn’t matter. What matters is revenue and profit and that is the basis for the fine.
When it comes to something punitive like a fine, fine versus worth is literally the only thing that matters. If the fine isn’t big enough, it’s more like a fee for doing business. They just added to the bottom line and keep rolling.
deleted by creator
It really is not. Companies operate on creating profit. Activities are judged on their ROI. Worth is not relevant for the ROI.
deleted by creator
I was going to say “Finally, a fine with some substance!” but you took the wind out of my sails…