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A comment on Seagate hit with $300M penalty for selling sanctioned storage to Huawei. Parent comment

Re:Seagate hit with $300M penalty for selling sanctioned sto... by rtpg on Thursday April 20, 2023 @10:38AM (#35640755)
If you’re going off the idea that the fine is based on the value of the gain, then you need to go off of the profit made (bit trickier with staff working multiple projects but hard disks aren’t 100% profit)
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Re:Seagate hit with $300M penalty for selling sanctioned sto... by intvocoder on Thursday April 20, 2023 @11:27AM (#35641579)
If the fine does not exceed the value of the gain, is there any incentive to comply with the law?
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Re:Seagate hit with $300M penalty for selling sanctioned sto... by tough on Thursday April 20, 2023 @11:45AM (#35641860)
Welcome to our globally connected modern world and it's silly rules
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Re:Seagate hit with $300M penalty for selling sanctioned sto... by madsbuch on Thursday April 20, 2023 @11:48AM (#35641898)
The amount might very well exceed the value of the gain. My presumption is that the harddisk industry is a margin business. I would be surprised if they have profits of more than 5-10% of the 1.1b.
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Re:Seagate hit with $300M penalty for selling sanctioned sto... by rtpg on Thursday April 20, 2023 @06:23PM (#35647343)
My point is that revenue is not gain? Like if I’m a retail store reselling at 10% profit $100 of revenue only represents $10 of gain.
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