> it being fined up to one percent of its annual turnover
Now they're fines we should be proud of. Not like the pathetic smack-on-the-wrist fines they've dished out to banks and Google that they can earn back in milliseconds.
J.P. Morgan was fined $13 billion, which is hardly a slap on the wrist. The biggest fines in corporate history have been in the US; take the big tobacco civil cases, for instance.
Civil cases sounds like - forgive me - 'The coffee is too hot, pay for me enough money to import it fresh using my private jet for the rest of my life' cases.
What I'm trying to say is: I feel there's a difference between a fine ("You're misbehaving, correct that") and greed ("You caused pain and I'm going to benefit here"). Most large-ish rulings in the US that ever reached me are part of the latter.
Then again, this is a matter of culture and might be fine (hah!) in the society that caused this and just look weird from the outside.