this post was submitted on 20 Jun 2023
1 points (55.6% liked)

World News

32082 readers
1250 users here now

News from around the world!

Rules:

founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Junkernaught@vlemmy.net 1 points 1 year ago (2 children)

Bayer just views this kind of thing as the cost of doing business.

[–] captaindeank@sh.itjust.works 1 points 1 year ago* (last edited 1 year ago)

Indeed, this seems like less than a nuisance fine for a company that reported more than 13 billion Euro in earnings last year, on over $50 billion Euro in sales. Bayer press release. I wonder what the cost of cancer treatment was for all the people in New York that wouldn't have gotten cancer but for the sale of Roundup.

Then again, the $10.9 billion settlement in 2020 seems more meaningful. The Guardian

[–] TheMadBeagle@lemmy.one 1 points 1 year ago

Especially when the settlement is 6.9 million dollars, like that is absolutely insane considering they probably have made billions in profit (not just revenue) on weed killer over the years.