Why commas matter
Boring grammar but costly at times.
The latest case … the costly $13 million comma
Portland-based company Oakhurst Dairy will potentially owe $US10 million ($13 million) to 75 milk-truck drivers in the US state of Maine because of a missing comma in a legal clause.
Another … Lockheed Martin $70m
US defence giant Lockheed Martin signed a deal to build Hercules military transport aircraft. But the formula to work out the aircrafts' price had a comma that was one decimal place out. That comma cost Lockheed $70 million.
In 1872, one misplaced comma in a tariff law cost American taxpayers more than $2 million, or $38,350,000 in today’s dollars.
The Case of The Million Dollar Comma … the case of Rogers Communications Inc., Canada’s largest cable television provider.