Quote:
Originally Posted by fjtorres
Antitrust action? Or regulatory action?
Any 9-figure fines added on top?
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That was regulatory action, but there have been a number of hefty fines for antitrust violations. Eg Telefonica in Portugal fined €79m for a "no compete" agreement with a Spanish phone company. Way larger fines in other industries, such as a €400m fine for the German company Siemens for being involved in a price fixing cartel in the energy industry. It's simply untrue to say that American companies are being singled out; perhaps they are simply the ones that get reported in the news in the US?