News for hackers. Stuff that matters.

A comment on Google hit with €1.5B fine from EU over advertising. Parent comment

Re:Google hit with €1.5B fine from EU over advertising by dodobirdlord on Wednesday March 20, 2019 @09:54PM (#19448669)
I happen to believe that the excessive "fines" that the EU has been directing at the technology industry are a brazen plan to extract money from large technology companies without violating international taxation treaties signed with the United States.
[ Parent | on HN ]
Re:Google hit with €1.5B fine from EU over advertising by londons_explore on Thursday March 21, 2019 @04:44AM (#19450179)
If that's the case, they need to start issuing more fines to more companies to really make a dent.

These fines are big, but as a percentage of the tech industry revenue, they're still under 0.1 percent

[ Parent | on HN ]
Re:Google hit with €1.5B fine from EU over advertising by jquery on Friday March 22, 2019 @11:15AM (#19463331)
That's not the relevant comparison. What are the fines compared to net profit in the EU?
[ Parent | on HN ]
Re:Google hit with €1.5B fine from EU over advertising by mirekrusin on Saturday March 23, 2019 @05:00AM (#19469673)
Fine is directly calculated on profit in EU - a'la tax.
[ Parent | on HN ]