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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?
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
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.
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.