Monday, September 14, 2009

Why don't the Anti-Trust settlements REDUCE our tax?

Another incident where we were being gouged by the big corporations. Yet, what good has the anti-trust suits done for us? It is the government who will get all the 646 million, not us...
Why can't we apply that money to reducing our taxes, it is, after all, "Government Income" (just like taxes...)

US says Samsung to plead guilty, pay $300 mln
Thu Oct 13, 2005 1:08 PM ET

#WASHINGTON, Oct 13 (Reuters) - South Korea's Samsung Electronics Co. Ltd. (005930.KS: Quote, Profile, Research) has agreed to plead guilty to charges of price-fixing and pay a $300 million fine as part of a federal investigation into the computer memory chip industry, U.S. antitrust authorities said on Thursday.

The Justice Department said the $300 million was the second-largest criminal antitrust fine in U.S. history.

Samsung and its U.S. subsidiary were accused by the U.S. Justice Department of conspiring with other chip makers, between April 1999 and June 2002, to fix the prices of memory chips sold to some computer and server manufacturers.

...

The Justice Department said fines totaling more than $646 million have resulted from the department's investigation.

(This Excerpt is provided for informational, educational, and discussion purposes only. It is Copyright "Reuters", for the full article search Reuters's web site or Google with the title of this article)

And on the same note, why doesn't the money from other corporate settlements go to the "victims" or the "consumers" that were affected by the corporation's idiocy?
Comcast Pays Out $16M In P2P Throttling Suit

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