BrikoXM to [email protected]English • 9 months agoVizio agrees to pay $3 million for alleged ‘false’ refresh rate claimswww.theverge.comexternal-linkmessage-square12fedilinkarrow-up187arrow-down11
arrow-up186arrow-down1external-linkVizio agrees to pay $3 million for alleged ‘false’ refresh rate claimswww.theverge.comBrikoXM to [email protected]English • 9 months agomessage-square12fedilink
minus-square@[email protected]linkfedilink1•9 months agoBut how could you define a percentage for every little thing that may come up? When is the percentage decided during the case, and who decides it?
minus-squareBrikoXOPMlinkfedilinkEnglish1•9 months agoFines and other sanctions are decided by the European Commission under Digital Markets Act (DMA) and Digital Services Act (DSA).
minus-square@[email protected]linkfedilink0•9 months agoSo really it’s just the same thing with an extra step. They decide how much money it should cost the company, look of the companies profits, and give a percentage that matches the value they wanted.
minus-squareBrikoXOPMlinkfedilinkEnglish1•edit-29 months agoEven at the lowest 1% fine of annual revenue would have been 17 million. So no, 3 million =/ 17 million. At maximum 6% it would have been 102 million.
But how could you define a percentage for every little thing that may come up? When is the percentage decided during the case, and who decides it?
Fines and other sanctions are decided by the European Commission under Digital Markets Act (DMA) and Digital Services Act (DSA).
So really it’s just the same thing with an extra step. They decide how much money it should cost the company, look of the companies profits, and give a percentage that matches the value they wanted.
Even at the lowest 1% fine of annual revenue would have been 17 million. So no, 3 million =/ 17 million. At maximum 6% it would have been 102 million.
There’s a max of only 6%