3M agrees to pay almost $10 million to settle apparent Iran sanctions violations | CNN Business
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3M has agreed to pay almost $10 million to settle apparent violations of Iranian sanctions, the US Office of Foreign Assets Control said last week.
  • Chainweasel@lemmy.worldEnglish
    2·
    9 months ago

    Therefore the fine is maybe a maximum 50% of their profits from breaking sanctions. What an incentive to not do it again.

    Exactly, it’s also about 0.03% of their total annual revenue. That’ll show them!