491: Chapter 491 Exorbitant Compensation! A New Conspiracy

"President Lin, we can provide financial compensation to make up for the losses this incident has caused your company."

"And as long as you accept the settlement, the lifting of the seizure and the clarification work can be finalized today."

Lin Chen looked up at him, the smile on his face deepening a little, as if the strictly professional version of him from a moment ago had never existed:

"Mr. Edward, you should have said so earlier; wouldn't this have saved you time?"

"Let me apply to headquarters first."

After saying this, he took out a mobile phone and walked to the office's phone booth to make a symbolic call to Shen Fei.

Edward finally trembled as he picked up the teacup on the table; for the first time, he understood what it felt like for days to feel like years!

He was truly nervous!

Three minutes later, Lin Chen returned to the reception room, sat down, and held up seven fingers.

"The headquarters' stance is seven hundred million Euros. Not a cent less, and this matter can be resolved."

After speaking, Lin Chen glanced at him, and Edward, sitting opposite him, immediately stood up from his chair as expected.

"Seven hundred million? That's impossible! Your subsidiary in England has a revenue of at most one hundred million; how can you justify asking for seven hundred million?"

"Mr. Edward, you are looking at this too superficially."

Lin Chen unhurriedly took out an abacus and began to demonstrate this "Eastern sorcery" right in front of him.

"First, the England subsidiary's operations were halted for a month, causing approximately 210 million in direct economic losses.

Second, due to channel partners terminating contracts, project delays, breach of contract penalties, and loss of expected revenue, that's 320 million.

Furthermore, there is the damage to our brand reputation and the disruption of our European market expansion structure; I'll give you a discount on this part and only count it as 170 million.

Added together, it's exactly seven hundred million. We haven't asked for a single cent extra."

After saying this, he leaned forward slightly, poured Edward another cup of tea, and then said in a playful tone:

"If you feel this is unreasonable, then shall we follow the normal legal process? As for lawsuits, we at Transsion don't have much else, but we can certainly afford to support our legal and security teams. We can drag this out for three to five years!"

"And by then, since your company infringed upon our trade secrets, the resulting commercial leakage... that won't be something that can be resolved with just 700 million."

After saying this, he looked at Edward with an expression that seemed to say, 'I really am a kind person'... after all, these were all reasonable demands based on the law.

But Edward panicked. He knew that Transsion's demands were justified, but justification was one thing; he genuinely couldn't come up with that much money!

Besides, if this really dragged on, the police in England would be driven mad! That would mean another huge expense!

However, they couldn't accept responsibility for this money; they had to make the Eagle Eye Alliance pay it. Good brothers should share the blame.

He gritted his teeth, thought about the authority his leaders had given him, and finally said: "Fine! 700 million Euros, we will pay.

I also hope your company will restrain its security personnel as much as possible and not have them appearing in groups on the streets; that is not a good thing for a country's image."

Lin Chen ignored him and just rubbed his hands together. If the money was there, everything was negotiable; if not, then we would continue.

That very afternoon, the full 700 million Euro compensation from the CMA was transferred to the account designated by Transsion.

Immediately afterward, the CMA officially released a statement.

It stated that after verification, Transsion did not engage in any abuse of market dominance, all seizure measures were lifted, and they apologized for the enforcement errors in this matter.

At the same time, they had reached a private settlement with Transsion, and the matter was now concluded!

Just as the European public was cursing them, at the White House in the United States, Obama looked at the report and cursed incessantly:

"Those idiots at the CMA, they handled things so poorly themselves, and they actually have the nerve to ask us to provide the funds! This is their own business!"

However, a staffer on the side suggested: "Sir, we should still contribute a little effort; after all, they are our little brother. And they were acting under our instructions, so we shouldn't let them feel discouraged!"

Obama instantly revealed a very angry expression again, his face twisted!

It was all Transsion's fault, all Shen Fei's fault. It was his affairs that made him the "best" president of the United States, truly leaving his name in history!

Yet, the allies under his command still couldn't be of any use.

But ordinary European consumers were already cursing online.

"Those idiots at the CMA, weren't they being extremely arrogant these past few days? How did they surrender so quickly??"

"This money must be deducted from the CMA's salaries; we shouldn't have to bear this cost."

However, just when Edward thought this matter could finally be settled and he could breathe a sigh of relief, his secretary said:

"Edward, the boss wants to see you!"

Seeing the secretary's expression, he asked tentatively: "What's wrong?"

"Bo... Boss, Transsion... Transsion doesn't play by the rules.

Their legal team just filed a lawsuit with the London High Court, accusing us, the CMA, of malicious enforcement and infringement of corporate secrets, and they are demanding a formal apology.

And they are also demanding an additional two hundred million Euros in research funding.

Furthermore, they leaked the fact that we paid seven hundred million Euros, and all the netizens are cursing us... You... you should see for yourself."

Edward's vision went black, and he fainted on the spot.

About ten minutes later, with the secretary's first aid, he finally came to.

Seeing the announcement posted on Transsion's official website, he finally realized that the other party had never intended to let this matter rest.

This was just the first slap! After he took that one, there was a second one coming!

But as he looked at the official website, the more he thought about it, the angrier he became. Transsion actually wrote directly on their website that every citizen of England paid an average of 14 pounds for their mistake.

"Bastards! How dare they?" Edward slammed his fist on the table. "Do they really want to be blacklisted by England?"

The whole process made him tremble with rage, but as soon as he finished speaking, he deflated.

Why wouldn't they dare?

The United States was such a tough nut to crack, yet they still had their bones broken by them; the CIA was so formidable, yet they also hit a wall when dealing with them!

As for him, a mere CMA, would they even take him seriously?

Meanwhile, at the Transsion headquarters in Guangzhou, Shen Fei received Lin Chen's report and just smiled faintly.

"Neither the apology nor the compensation can be lacking. If you dare to reach out, you must be prepared to have your hand broken."

"Also, Tianya, have our security company in the United States investigate the situation. They've suffered such a huge loss that it's impossible for them to just stay quiet. I suspect they are plotting something nasty behind our backs!"

"Don't worry, boss, we are already investigating!"

Shen Fei's premonition was correct; across the ocean, a new crisis was rising.

May 15th, United States. The internal line from the presidential office called directly to the private phone of Thompson, the head of Silver Lake Capital.

The person calling was the White House's assistant for security affairs.

"Mr. Thompson, the President is very dissatisfied with the situation in Europe. Samsung has surrendered again, and the English have breathed a sigh of relief. If Transsion continues to expand like this, the entire international technology market will become the territory of the Chinese!"

"I know, sir, but Transsion's technological barriers are too high; traditional commercial methods have no effect on them."

"That's why we're changing tactics this time!"