@01189998819991197253@infosec.pub
2026-04-25 20:21 UTC
Let's do some logic. You're an evil multitrillion dollar company that makes billions in profits by breaking the law. But, by doing so, you'll be fined 12 million dollars, of which you'll contest and get reduced to 7 million. Barely a blip on the monthly revenue stream.
I wonder why they keep ignoring (breaking) the laws.
Replies (2)
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@obvs@lemmy.world 2026-04-25 21:40
It has always astounded me that penalties to companies are almost always either a tiny fraction or the ill-gotten gains, or at most the total amount of the ill-gotten gains. I'm like NO! How about TEN TIMES the ill-gotten gains? Or literally some amount which is so much it's going to hurt the company. Like 25-50% of the value of the whole company? And if that sounds like it's too much because the company would have trouble surviving, THAT'S THE POINT!
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@Aaron@lemmy.nz 2026-04-25 21:08
Absolutely right. It's not a law for them, it's a fine.