Viewing a single comment thread. View all comments

Infernalism t1_j9qdf9k wrote

If it made them more than $175 million, then they actually came out ahead.

This is why fines should be in the billions.

27

GoneFishing36 t1_j9qksg2 wrote

It's $175M in the red, is already paid, they're going to eat it for fiscal year.

Btw, 0.04% of their current market cap. Penalty too low. That's like a $75k annual income, hit with a $30 fine.

8

uparm t1_j9s1rq0 wrote

LOL what do you think market cap is?

7

PoePlayerbf t1_j9szitx wrote

Market cap is akin to net worth, not their annual income. Their annual income is 4.39B. This is akin to a $75k annual income, hit with a $3000 fine.

5

pmotiveforce t1_j9rc171 wrote

It's not a fine, it's a patent lawsuit over a ridiculous patent.

5

SuperSpread t1_j9tfiek wrote

In patent infringement, they will either be forced to stop, get fined again with a bigger penalty, or like 99% of these cases settle out of court with a contract for future use. It’s not a one time thing.

3