Comment by dlcarrier
4 days ago
The EU doesn't have any equivalent companies. Out of the highest 50 grossing companies in the world (https://en.wikipedia.org/wiki/List_of_largest_companies_by_r...) the only ones in the EU are Lidl's parent company, a handful automakers, and one French oil conglomerate. Grocery has practically no margin, the big European auto makers are all declining rapidly, and the EU already does everything it can to make existence impossible for oil conglomerates.
Yeah they'd have to spread the $5B fine across a bunch of EU companies