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.
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.
They did nearly $10B in revenue last year…
Yeah, and a net loss of a bit over $1B. Revenue ≠ money in the bank.
But a $3M loss is going to sting when they’re already losing over 333 times that per year?
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