▲ 751 ▼ Ebay Could Owe $1.9 Billion in Fines for Allowing Sale of 343,000 Emissions Defeat Devices (www.thedrive.com) submitted 3 years ago by L4s@lemmy.world [M, B] to c/technology@lemmy.world 77 comments fedilink hide all child comments Ebay Could Owe $1.9 Billion in Fines for Allowing Sale of 343,000 Emissions Defeat Devices::The Department of Justice alleges that eBay illegally sold 343,011 emissions defeat devices, and could face billions in penalties.
[–] plz1@lemmy.world 31 points 3 years ago (3 children) They did nearly $10B in revenue last year… permalink fedilink source parent hideshow 3 child comments replies: [–] code@lemmy.world 4 points 3 years ago (2 children) Yeah, and a net loss of a bit over $1B. Revenue ≠ money in the bank. permalink fedilink source parent hideshow 2 child comments replies: [–] QuaternionsRock@lemmy.world 10 points 3 years ago (1 child) But a $3M loss is going to sting when they’re already losing over 333 times that per year? permalink fedilink source parent hideshow 1 child comment replies: [–] possiblylinux127@lemmy.zip -4 points 3 years ago Yes it will. Also the PR negativity from this caused there stock to drop %1.6 according to Reuters. I am not a fan of these silly laws but the enforcement will be effective permalink fedilink source parent
[–] code@lemmy.world 4 points 3 years ago (2 children) Yeah, and a net loss of a bit over $1B. Revenue ≠ money in the bank. permalink fedilink source parent hideshow 2 child comments replies: [–] QuaternionsRock@lemmy.world 10 points 3 years ago (1 child) But a $3M loss is going to sting when they’re already losing over 333 times that per year? permalink fedilink source parent hideshow 1 child comment replies: [–] possiblylinux127@lemmy.zip -4 points 3 years ago Yes it will. Also the PR negativity from this caused there stock to drop %1.6 according to Reuters. I am not a fan of these silly laws but the enforcement will be effective permalink fedilink source parent
[–] QuaternionsRock@lemmy.world 10 points 3 years ago (1 child) But a $3M loss is going to sting when they’re already losing over 333 times that per year? permalink fedilink source parent hideshow 1 child comment replies: [–] possiblylinux127@lemmy.zip -4 points 3 years ago Yes it will. Also the PR negativity from this caused there stock to drop %1.6 according to Reuters. I am not a fan of these silly laws but the enforcement will be effective permalink fedilink source parent
[–] possiblylinux127@lemmy.zip -4 points 3 years ago Yes it will. Also the PR negativity from this caused there stock to drop %1.6 according to Reuters. I am not a fan of these silly laws but the enforcement will be effective permalink fedilink source parent