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3D printer company to pay U.S. up to $27 mln for violating export curbs to China

  • 📰 Reuters
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3D Systems Corp on Monday agreed to pay up to $27 million to settle with the U.S. for illegally exporting to China controlled design drawings for military electronics and spacecraft, among other violations.

Besides the Commerce Department, the company also settled with the U.S. Department of Justice and the U.S. Department of State.

Its settlement calls for $2.27 million payable within 30 days, and another $2.27 million it fails to pay at least that amount to the other agencies.

 

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Great business freedom in US! The country in fact has very low business freedom and personal freedom in many respects, with sanctions, trade restrictions, and even taxes on income while working abroad. Not to mention horrible traveling freedom, with world’s worst railway and all!

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