tal@lemmy.today to News@lemmy.worldEnglish · 5 months agoFTC fines Razer for every cent made selling bogus “N95 grade” RGB masks | Ars Technicaarstechnica.comexternal-linkmessage-square61fedilinkarrow-up1482arrow-down15
arrow-up1477arrow-down1external-linkFTC fines Razer for every cent made selling bogus “N95 grade” RGB masks | Ars Technicaarstechnica.comtal@lemmy.today to News@lemmy.worldEnglish · 5 months agomessage-square61fedilink
minus-squareOokami38@sh.itjust.workslinkfedilinkarrow-up5·5 months agoReminder that it’s all revenue PLUS 10%. So it effectively makes whatever bullshit money making scheme they want to use, cost money instead.
minus-squareWooki@lemmy.worldlinkfedilinkarrow-up1arrow-down3·5 months agoGood to know you dont mind the profiteering off fraud. Fine is a penalty, not a cost of business, not a sales tax. A penalty. 100k fine on 1 mill refund is nothing. 1 mill fine on 1 mill refund is a fine.
minus-squareOokami38@sh.itjust.workslinkfedilinkarrow-up1·5 months agoMy guy. Reading comprehension. I did not say 10%. I said 10% ON TOP OF ANY EARNINGS. As in, if a corp earns 1 million, the fine levied would be 1.1 million. Christ, go back to 2nd grade.
Reminder that it’s all revenue PLUS 10%. So it effectively makes whatever bullshit money making scheme they want to use, cost money instead.
Good to know you dont mind the profiteering off fraud.
Fine is a penalty, not a cost of business, not a sales tax. A penalty.
100k fine on 1 mill refund is nothing. 1 mill fine on 1 mill refund is a fine.
My guy. Reading comprehension. I did not say 10%. I said 10% ON TOP OF ANY EARNINGS.
As in, if a corp earns 1 million, the fine levied would be 1.1 million.
Christ, go back to 2nd grade.