• Buffalox@lemmy.worldEnglish
    1135·
    9 months ago

    Wow, they do this just 2 days after being fined $2 billion by EU!
    Unless you don’t know this “Tim Apple”, those fines have a tendency to increase with repeated violations.

    • Dojan@lemmy.worldEnglish
      202·
      9 months ago

      Don’t tell him! Corporations being hit with massive fines is my kink!

      • Aux@lemmy.worldEnglish
        271·
        9 months ago

        $2B is actually 2% of their profit. That’s 7.3 days.

      • Buffalox@lemmy.worldEnglish
        41·
        9 months ago

        Ah yes but those people love money so much, they are probably devastated.🤪

        • Aux@lemmy.worldEnglish
          37·
          9 months ago

          So you wouldn’t mind if 2% of your yearly salary after tax would disappear, right?

          • Buffalox@lemmy.worldEnglish
            161·
            9 months ago

            Buff

            That’s a false comparison. Salary after tax is not comparable to profit. Profit is after ALL expenses. So if I did something really really stupid, after being warned about it and repeatedly, and was fined 2% after ALL expenses, I’d say I got off easy.

            • BassTurd@lemmy.worldEnglish
              7·
              9 months ago

              Really, it’s just an asshole tax. Most restaurants these days have extra fees that exceed 2% just because. Hell, once upon a time, a 15% tip was given for great service. Now it seems like 20-22% is often the lowest in the recommended tip section. 2% of extra money is nothing, especially when the fine is less than what was earned from the infraction. It’s a lot easier to stomach a 2 billion dollar fine, when you earned 4 billion because of it.

              • anlumo@lemmy.worldEnglish
                3·
                8 months ago

                Those tip rates are a US thing, because it’s a hidden way to increase prices without having to write it down anywhere.

            • General_Effort@lemmy.worldEnglish
              14·
              9 months ago

              Think of some small family owned business, like a ma and pa shop. What they have after all expenses, the profit, is what they live off. That’s their “salary”.

              What you have left after all expenses is your savings. In a business, savings would be an investment, which does not count as profit.

            • Aux@lemmy.worldEnglish
              11·
              8 months ago

              I’m glad you will sacrifice your salary for the greater good!