News for hackers. Stuff that matters.

A comment on Commission fines Qualcomm €997 million for abuse of dominant market position. Parent comment

Re:Commission fines Qualcomm €997 million for abuse of domin... by Cthulhu_ on Wednesday January 24, 2018 @07:49AM (#16222268)
Then it would become a compensation, not a fine; they'd just lose a bit of the profits they (wrongfully) made, but it wouldn't discourage them from doing it again - I'm sure that for every instance of things like this being found out and fined, there's ten or a hundred instances where companies get away with it.
[ Parent | on HN ]
Re:Commission fines Qualcomm €997 million for abuse of domin... by alok-g on Wednesday January 24, 2018 @08:00AM (#16222322)
I am not saying that the fines be less than the wrongful gains, just based on those gains. They could punitively be 3x those gains.

It does not seem right to base the fine on the total revenue or profit of the company, which may include many other product lines and businesses.

[ Parent | on HN ]
Re:Commission fines Qualcomm €997 million for abuse of domin... by chopin on Wednesday January 24, 2018 @08:10AM (#16222359)
For me it's fine to do so. Just don't do it. Bonus point it avoids back- and forth-reckoning "minimizing" the profit for this particular offense. We would get stuck with a similar problem we have with taxes.
[ Parent | on HN ]