http://www.bbc.co.uk/news/technology-20910299
Those are low profits for such a large division of those companies in somewhere like China, surely?
| x404.co.uk http://www.x404.co.uk/forum/ |
|
| China fines over LCD price fixing http://www.x404.co.uk/forum/viewtopic.php?f=19&t=17976 |
Page 1 of 1 |
| Author: | pcernie [ Fri Jan 04, 2013 4:56 pm ] |
| Post subject: | China fines over LCD price fixing |
http://www.bbc.co.uk/news/technology-20910299 Those are low profits for such a large division of those companies in somewhere like China, surely?
|
|
| Author: | Amnesia10 [ Sat Jan 05, 2013 1:09 am ] | |||||||||
| Post subject: | Re: China fines over LCD price fixing | |||||||||
I think that the fines are added to those of the US and the EU. Collectively they are getting painful for those fined. Though I suspect that fines in general are pathetic for corporate wrong doing. They need to be much higher so that it is not a couple of weeks profits but can wipe out the profits for a year or two. Only then will bosses stop rigging markets. Small fines become a normal business overhead. Large fines wipe out executive bonuses, and that is the only thing that most bosses care about. |
||||||||||
| Page 1 of 1 | All times are UTC |
| Powered by phpBB® Forum Software © phpBB Group https://www.phpbb.com/ |
|
