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Google sued for $2.3bn by European media groups over digital ad losses (www.theguardian.com)

submitted 8 months ago by throws_lemy@lemmy.nz to c/technology@lemmy.world

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[–] northendtrooper@lemmy.ca 52 points 8 months ago (3 children)

When will punishment stop being attached to a hard number and be a percentage of the company's worth. Shits maddening.

[–] Khanzarate@lemmy.world 29 points 8 months ago

While I'd love a percentage based fee, this is a damages suit, so it should be actual damages these people are owed, as determined by the court. A percentage just doesn't make sense here unless punitive damages were also on the table.

In principle I agree, though, breaking the law should not be an affordable "cost of doing business".

[–] FenrirIII@lemmy.world 8 points 8 months ago (2 children)

These companies shift gains and losses around so much that they would evade any punishment

[–] paraphrand@lemmy.world 8 points 8 months ago

“As you can see your honor, we actually lost 400 million last year. Negative profit. It looks like you actually owe us money when you calculate the proposed fine...”

[–] muntedcrocodile@lemmy.world 5 points 8 months ago

Surly u can make it the value of a percentage of shaires. The primary purpose of any company is the keep the shairholders happy either pay ur fines or fail ur primary purpose.

[–] mods_are_assholes@lemmy.world -2 points 8 months ago (1 children)

Are you basically saying 'When will corporations stop profit seeking?'

Because the answer to that is 'never by choice'.

[–] GiveMemes@jlai.lu 5 points 8 months ago (1 children)

No. Not at all. That's not what he said and only tangentially related. I expect a re-read and full write up by morning young man :p