| ▲ | wtcactus 2 hours ago | |||||||
Those billions are because of the USA. In the EU, it was merely a slap in the hand. Annual revenue of VW at the time was 217B €. In the EU, they paid 1.5B €. So, 0.7% of their annual revenue for a scheme that went on for years. Granted, in the US, they actually did persecute VW properly, and they ended up paying close to 30B $. A much proper sum. As for the jail time, they arrested 2 from middle management in the EU. No member from the board or the CEO went to jail here. Is that what we call justice now? Specially when we want to pretend we are superior to the USA in that regard? | ||||||||
| ▲ | ffsm8 2 hours ago | parent [-] | |||||||
The crime was committed in the USA. You are expecting third party countries to begin litigation on crimes that happen outside of their borders - even if they're not even strictly illegal where they're headquartered? That shit never happens, and if it would, you'd first have to start jailing lots of S&P CEOs for the companies crimes that are committed in other countries and never amount to anything, precisely for the same reason. Like literally every company thats involved in any mining, drilling etc. They always don't adhere to local environmental regulations etc | ||||||||
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