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If damages are supposed to be a compensation for injuries suffered, how is it possible that Armstrong suffered $4.5 Million dollars worth of injury?

Even assuming that the damages were punitive, I would consider anything much above $100,000 to be excessive:

Blindness in both eyes:
Blindness in both of your eyes can lead to compensation of: up to £173,000
Changed Change Reason Date
blue Agree. I think you in the UK have a better lawsuit system August 19, 2012, 10:49:40 AM