News GlobalFoundries gets $1.5 billion subsidy from U.S. gov't after it was fined for violating export laws to China

bit_user

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Maybe this just says the laws or regulators need to be more creative about penalties, especially when in comes to significant players in strategically vital industries.

For sanctions violations, I'm pretty sure they could pursue criminal prosecutions against the key decision makers involved in these activities. They probably just took the easy route of financial penalties, to save time, trouble and the expense of having to find out who was at fault for the violations and undertake a criminal case (which I think has a much higher burden of proof). It would send a strong message though.
 
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