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293 points giuliomagnifico | 3 comments | | HN request time: 0.542s | source
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giancarlostoro ◴[] No.45108212[source]
So what are we all looking at? $100 a piece? Lol "Have you used Amazon from the years x to y?" If it covers 2020 thats basically most Americans.
replies(1): >>45108356 #
1. like_any_other ◴[] No.45108356[source]
$100 each for 330 million Americans sums to $33 billion, which is about half of Amazon's yearly profit (the whole company, not just e-commerce). While I think it should be higher still (anti-competitive practices should be harshly punished), it's not negligible. The real point isn't in the consumer payout, but in discouraging these practices, so that a handful of companies don't get a chokehold on the market (one could argue it's a bit late for that...)
replies(2): >>45108676 #>>45110801 #
2. FuriouslyAdrift ◴[] No.45108676[source]
It should be 10% gross over the time period covered in the case (or about $65 billion per year)
3. 3eb7988a1663 ◴[] No.45110801[source]
What percentage of affected users typically enroll in a class action lawsuit? I could believe anything from 1-90%.