6 ms·

Big corp penny slap on the fingers. I dont this amount will change behaviour or incentive to make larger profit.

by acd 4mo ago

amelius 4mo ago
A real slap on the wrist of the CEO by a wronged customer would leave a more lasting impression.
alephnerd 4mo ago
It sets precedent, and has already led to a (by Chinese foreign policy standards) fairly vicious response [0][1][2]. This is also part of the EU's larger tariffs against China [3]. [0] - https://www.globaltimes.cn/page/202605/1361926.shtml https://www.globaltimes.cn/page/202605/1361926.shtml [1] - https://www.globaltimes.cn/page/202605/1362200.shtml https://www.globaltimes.cn/page/202605/1362200.shtml [2] - https://www.globaltimes.cn/page/202605/1362161.shtml https://www.globaltimes.cn/page/202605/1362161.shtml [3] - https://www.ft.com/content/e28fe696-ac30-4543-a105-febc82789f87?syn-25a6b1a6=1 https://www.ft.com/content/e28fe696-ac30-4543-a105-febc82789...
- B1FF_PSUVM 4mo ago
  > [0] Ahah, China going Adam Smith on the EU. Peacefully, so far. Let's hope they don't go "opium war" on free trade.
  - alephnerd 4mo ago
    That's already happening with synthetic drugs [0] and the Ukraine War [1]. [0] - https://www.telegraph.co.uk/world-news/2026/01/30/china-traffics-chemicals-to-europes-15bn-drugs-labs/ https://www.telegraph.co.uk/world-news/2026/01/30/china-traf... [1] - https://www.reuters.com/business/aerospace-defense/russians-covertly-trained-by-china-return-fight-ukraine-sources-say-2026-05-19/ https://www.reuters.com/business/aerospace-defense/russians-...
  - throw-the-towel 4mo ago
    > while French President Emmanuel Macron even suggested following US-style measures akin to the "Section 301" tariffs. > A major source of this latest wave of the so-called "China shock" narrative is the claim that the EU's trade deficit with China reached 360 billion euros in 2025. These are the same people whose collective knickers are getting in a twist over Trump, mind you.
throwfaraway135 4mo ago
[flagged]
- gostsamo 4mo ago
  The fine is for activity in the EU, so compare it to their business there. Comparing apples to advertisement fliers is useful only if you are using the fliers as toilet paper substitutes.
- Barbing 4mo ago
  Quick, reinterpret with your own faculties! (Model output got itself banned here) - friendly message :)
looperhacks 4mo ago
The theory is that this won't be the only fine if Temu doesn't fix this. So yes, a slap on the fingers, but the fines should grow bigger if Temu doesn't address this.
radiator 4mo ago
I don't understand how €200M can ever be considered a "penny slap".
- notaustinpowers 4mo ago
  €200M accounts for roughly 1.6% of their €12.3B net profit in 2025. The average EU salary is €39,808. It's equivalent to a €636 fine. Though this is based on income, not net profit so it's actually more impactful to the average person than to Temu.
  - gambiting 4mo ago
    These sort of calculations are always missing a simple fact that no company on earth, not even Apple or Google shrugs off a 200M fine, no matter how little it is of their entire operating budget. It's the kind of money that gets people fired, even if it made no difference to the bottom line.
    - pessimizer 4mo ago
      > It's the kind of money that gets people fired 1. It's not, and 2. Who cares if somebody gets fired for PR purposes? Especially with a severance that will make sure that their great-grandchildren will never have to work and your great-grandchildren will be paying them rent? Everybody doing tens of billions of $ of business shrugs off a $200M fine. They might even get a bonus and a plaque for coming up with a scam that lasted so long before it blew up.
      - gambiting 4mo ago
        >>Everybody doing tens of billions of $ of business shrugs off a $200M fine Again, that's not how it works, although I know people have this romanticized view of big companies casually shrugging off 200M fines like nothing. >>They might even get a bonus and a plaque for coming up with a scam that lasted so long before it blew up. Again, cool idea for a book, but doesn't happen in reality. No one gets a pat on the back and a bonus for being fined 200M.

Big corp penny slap on the fingers. I dont this amount will change behaviour or incentive to make larger profit.

by acd 4mo ago

Big corp penny slap on the fingers. I dont this amount will change behaviour or incentive to make larger profit.

amelius 4mo ago

A real slap on the wrist of the CEO by a wronged customer would leave a more lasting impression.

alephnerd 4mo ago

It sets precedent, and has already led to a (by Chinese foreign policy standards) fairly vicious response [0][1][2]. This is also part of the EU's larger tariffs against China [3]. [0] - https://www.globaltimes.cn/page/202605/1361926.shtml https://www.globaltimes.cn/page/202605/1361926.shtml [1] - https://www.globaltimes.cn/page/202605/1362200.shtml https://www.globaltimes.cn/page/202605/1362200.shtml [2] - https://www.globaltimes.cn/page/202605/1362161.shtml https://www.globaltimes.cn/page/202605/1362161.shtml [3] - https://www.ft.com/content/e28fe696-ac30-4543-a105-febc82789f87?syn-25a6b1a6=1 https://www.ft.com/content/e28fe696-ac30-4543-a105-febc82789...

B1FF_PSUVM 4mo ago
> [0] Ahah, China going Adam Smith on the EU. Peacefully, so far. Let's hope they don't go "opium war" on free trade.
- alephnerd 4mo ago
  That's already happening with synthetic drugs [0] and the Ukraine War [1]. [0] - https://www.telegraph.co.uk/world-news/2026/01/30/china-traffics-chemicals-to-europes-15bn-drugs-labs/ https://www.telegraph.co.uk/world-news/2026/01/30/china-traf... [1] - https://www.reuters.com/business/aerospace-defense/russians-covertly-trained-by-china-return-fight-ukraine-sources-say-2026-05-19/ https://www.reuters.com/business/aerospace-defense/russians-...
- throw-the-towel 4mo ago
  > while French President Emmanuel Macron even suggested following US-style measures akin to the "Section 301" tariffs. > A major source of this latest wave of the so-called "China shock" narrative is the claim that the EU's trade deficit with China reached 360 billion euros in 2025. These are the same people whose collective knickers are getting in a twist over Trump, mind you.

throwfaraway135 4mo ago

[flagged]

gostsamo 4mo ago
The fine is for activity in the EU, so compare it to their business there. Comparing apples to advertisement fliers is useful only if you are using the fliers as toilet paper substitutes.
Barbing 4mo ago
Quick, reinterpret with your own faculties! (Model output got itself banned here) - friendly message :)

looperhacks 4mo ago

The theory is that this won't be the only fine if Temu doesn't fix this. So yes, a slap on the fingers, but the fines should grow bigger if Temu doesn't address this.

radiator 4mo ago

I don't understand how €200M can ever be considered a "penny slap".

notaustinpowers 4mo ago
€200M accounts for roughly 1.6% of their €12.3B net profit in 2025. The average EU salary is €39,808. It's equivalent to a €636 fine. Though this is based on income, not net profit so it's actually more impactful to the average person than to Temu.
- gambiting 4mo ago
  These sort of calculations are always missing a simple fact that no company on earth, not even Apple or Google shrugs off a 200M fine, no matter how little it is of their entire operating budget. It's the kind of money that gets people fired, even if it made no difference to the bottom line.
  - pessimizer 4mo ago
    > It's the kind of money that gets people fired 1. It's not, and 2. Who cares if somebody gets fired for PR purposes? Especially with a severance that will make sure that their great-grandchildren will never have to work and your great-grandchildren will be paying them rent? Everybody doing tens of billions of $ of business shrugs off a $200M fine. They might even get a bonus and a plaque for coming up with a scam that lasted so long before it blew up.
    - gambiting 4mo ago
      >>Everybody doing tens of billions of $ of business shrugs off a $200M fine Again, that's not how it works, although I know people have this romanticized view of big companies casually shrugging off 200M fines like nothing. >>They might even get a bonus and a plaque for coming up with a scam that lasted so long before it blew up. Again, cool idea for a book, but doesn't happen in reality. No one gets a pat on the back and a bonus for being fined 200M.