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this post was submitted on 14 Jan 2024
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Technology
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No, they don’t get to keep 96%. It is revenue, not profit. That is a big difference.
I'm well aware of the difference (see my other posts). But it still means that even with the maximum fine, a revenue of 100 billion is still a revenue of 96 billion. Even with an unrealistically low profit margin of 10% it was still worth it to them.