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View Diary: Bush Judge, in Strongly Worded Opinion, Orders BP to Pay Up (58 comments)

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  •  Difference may be that the (3+ / 0-)
    Recommended by:
    DocGonzo, FarWestGirl, SherrieLudwig

    settlement agreement BP signed meant money going to ordinary people/businesses, as opposed to a more generalized "harm" caused by Microsoft's bundling.

    •  Also, Corporations Allowed to Lie (2+ / 0-)
      Recommended by:
      Dartagnan, rabrock

      Well, I wasn't comparing anything to the BP case. I was just giving a defining example of a judge not that pissed off about a party to another judge's agreement violating it. Indeed I believe BP's judge is somewhat exceptional in refusing to be patient with BP's evasions.

      Though I don't see any additional penalties for those evasions. A "strongly worded letter" that assigns the same penalties as before BP broke the previous agreement, and that is subject to appeal, doesn't sound like what I do when I'm pissed off.

      "When the going gets weird, the weird turn pro." - HST

      by DocGonzo on Tue Mar 04, 2014 at 07:36:51 AM PST

      [ Parent ]

      •  these are FTC Fines (0+ / 0-)

        usually small potatos

        •  Which? (0+ / 0-)

          BP's Mocando fines?

          "When the going gets weird, the weird turn pro." - HST

          by DocGonzo on Tue Mar 04, 2014 at 08:05:40 AM PST

          [ Parent ]

          •  your typical breach of a agreement (2+ / 0-)
            Recommended by:
            Eyesbright, rabrock

            it's usually a small dollar FTC fine,
            and that's what i thought the Microsoft settlement was.

            "MS will not do X", well MS did X, got fined,
            took 8 years to fight the fine, then paid it as
            a cost of business.

            The BP thing is bigger because it was an agreement
            tied to a $20B pool for settlements.

            BP judged poorly, and didn't set the terms so the whole
            $20 is rolling out and they are on the stick for
            another 20.

            When Macondo blew out, the Enterprise value of
            BP was at threat.

            The same SOB's who were pushing to get off the
            well 3 days early because it was costing 1.2 million
            blew 30 billion when it blew out.

            they were worried about 1.2 Million because the
            usual EPA fines for that or coast guard fines are a few hundred grand.

            Risk a 200K to save 1.2 Million. Easy peasy...

            But this time they saved a million and lost 30 billion.

            that will sting.

            •  MS Was a Big Deal (0+ / 0-)

              The MS consent agreement was itself a very big deal before IE/Netscape. It was at the heart of MS dominating applications, a very big business and critical to the operation of most businesses in the US (and beyond). The IE bundling with W95 that broke it was an even bigger deal, as it put Netscape out of business, which killed the company that led the greatest wealth creation era of all time, and impacted that highly interconnected global business and technology wave at its core.

              The actual verdict was that Microsoft was a monopoly and must be remedied as such.

              This was no FTC fine scenario. The natural remedy was breakup of a company as big as AT&T was (or bigger) when broken up, and ramifying far more business - especially innovation - than AT&T's breakup did.

              But they didn't do that. It was a slap on the wrist. Which didn't stop MS stifling the OS and SW development biz. Or stop MS from remaining so complacent that it basically missed both mobile and cloud computing, which eventually presented an area where MS couldn't abuse its monopoly. A decade later than the monopoly verdict.

              All of which is to say that violating the consent decree written by another judge didn't piss off the later judge assessing the punishment.

              I have made no comparison to BP "pissing off" the judge in this story. But he doesn't seem too pissed off, since all he's doing is insisting the original agreement be met, and not ordering anything additional.

              "When the going gets weird, the weird turn pro." - HST

              by DocGonzo on Tue Mar 04, 2014 at 12:25:50 PM PST

              [ Parent ]

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