Earlier quoted context omitted.
It is indexed, just not to the damages, but to the revenue of the guilty party. Other countries in the EU do this as well, even in personal matters. For instance, a speeding ticket is based off a percentage of your annual income. Why? Because if you make $200k a year, a $50 fine isn't a big deal, at all, but if you barely scrape by, $50 could break your budget for the month.
> Why? Because if you make $200k a year, a $50 fine isn't a big deal, at all, but if you barely scrape by, $50 could break your budget for the month. That makes no sense. If you're stealing $50 then a $150 fine is a deterrent even if you're a billionaire, because the expected value if you're caught is -$100, which has nothing at all to do with how much money you have. And if that caused the billionaire to not care, t…
Google does not just steal money which we get back with a fine and thats it.
It drives competitors out of the market and that causes damage to the economy and is against the interests of the population where they do business.
They should make the Managers personally liable.
If you think about it 1.5 Billions is laughable for a company like Google, its only money which they have plenty from. Nothing will change.