News for hackers. Stuff that matters.
Re:EU fines Asus, Denon-Marantz, Philips and Pioneer $130M f... by dontnotice on Tuesday July 24, 2018 @10:36AM (#17601380)
> The intention of the fines is not to make money but to discourage illegal behavior.

Of course fines are a revenue source, the EU operates on multiyear fixed budged which they supplement with fines and tariffs.

The bulk of that wealth transfer is reliant on the coffers of US companies.

Re:EU fines Asus, Denon-Marantz, Philips and Pioneer $130M f... by sctb on Tuesday July 24, 2018 @10:51AM (#17601530)
Since this is basically all you post about, you're breaking this guideline:

> Please don't use Hacker News primarily for political or ideological battle. This destroys intellectual curiosity, so we ban accounts that do it.

https://news.ycombinator.com/newsguidelines.html

Re:EU fines Asus, Denon-Marantz, Philips and Pioneer $130M f... by dontnotice on Tuesday July 24, 2018 @11:00AM (#17601620)
It's not a battle it's a legitimate point of view. It's also backed by evidence.

Also I balance it with the variety in my submissions.

Re:EU fines Asus, Denon-Marantz, Philips and Pioneer $130M f... by gonvaled on Tuesday July 24, 2018 @10:50AM (#17601521)
> The bulk of that wealth transfer is reliant on the coffers of US companies.

Please share your sources.

And, just assuming you are right, those coffers are full of untaxed revenue from EU markets.

Re:EU fines Asus, Denon-Marantz, Philips and Pioneer $130M f... by sqdbps on Tuesday July 24, 2018 @10:55AM (#17601563)
The record fines were levied on US firms.

Are you suggesting that it's legitimate to fine US companies on antitrust grounds to supplement tax revenue?

Re:EU fines Asus, Denon-Marantz, Philips and Pioneer $130M f... by sgift on Tuesday July 24, 2018 @12:03PM (#17602273)
It's legitimate to fine US companies breaking antitrust laws. If that happens to supplement tax revenue that's an extra benefit.