Google sued for $2.3bn by European media groups over digital ad losses

Lee Duna@lemmy.nz to Technology@lemmy.world – 163 points –
Google sued for $2.3bn by European media groups over digital ad losses
theguardian.com
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When will punishment stop being attached to a hard number and be a percentage of the company's worth. Shits maddening.

While I'd love a percentage based fee, this is a damages suit, so it should be actual damages these people are owed, as determined by the court. A percentage just doesn't make sense here unless punitive damages were also on the table.

In principle I agree, though, breaking the law should not be an affordable "cost of doing business".

These companies shift gains and losses around so much that they would evade any punishment

“As you can see your honor, we actually lost 400 million last year. Negative profit. It looks like you actually owe us money when you calculate the proposed fine...”

Surly u can make it the value of a percentage of shaires. The primary purpose of any company is the keep the shairholders happy either pay ur fines or fail ur primary purpose.

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