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
    link
    English
    311 year ago

    They did nearly $10B in revenue last year…

    • @code
      link
      English
      41 year ago

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

      • @QuaternionsRock
        link
        English
        101 year ago

        But a $3M loss is going to sting when they’re already losing over 333 times that per year?

        • Possibly linux
          link
          fedilink
          English
          -41 year 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