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
    link
    fedilink
    English
    arrow-up
    48
    arrow-down
    1
    ·
    9 months ago

    Looking forward to the $3M fine they settle on. That’ll teach eBay, surely.

    • Possibly linux
      link
      fedilink
      English
      arrow-up
      6
      arrow-down
      18
      ·
      9 months ago

      EBay isn’t that big. A 3 million dollar fine would sting

        • code@lemmy.world
          link
          fedilink
          English
          arrow-up
          7
          arrow-down
          3
          ·
          9 months ago

          Yeah, and a net loss of a bit over $1B. Revenue ≠ money in the bank.

            • Possibly linux
              link
              fedilink
              English
              arrow-up
              2
              arrow-down
              6
              ·
              9 months 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