• OberonSwanson@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        33
        ·
        4 months ago

        The depressing fact this is already in their calculations really suggests fines should be vary based on a percentage of the company’s profits, not a set number for all.

        • P1nkman@lemmy.world
          link
          fedilink
          English
          arrow-up
          18
          ·
          4 months ago

          If you do something illegal, and the result is a fixed fine, it’s only “illegal” for poor people. Rich people dgaf if they have to pay fine/ticket.

        • CosmicTurtle0@lemmy.dbzer0.com
          link
          fedilink
          English
          arrow-up
          11
          ·
          4 months ago

          Never profits. Must be revenue.

          Companies have ways of looking like they don’t make a profit, especially when it comes to filing taxes.

          “Oh, we created a subsidiary in Ireland and, gosh darn, they charged us a gagillion dollars for this pen. We actually have a loss this year.”

          Beat

          “Stimulus please!”

          • lennivelkant@discuss.tchncs.de
            link
            fedilink
            English
            arrow-up
            6
            ·
            4 months ago

            I believe that is why people made such a fuss about the GDPR allowing courts to slap companies for up to 4% of their worldwide annual revenue. Whether or not that full extent is ever brought to bear against particularly megacorps is a different question, but at least medium-sized companies will probably avoid repeat offenses. I don’t know how Meta felt about the 1.2 billion ticket either, but I can’t imagine they just shrugged it off as normal business expenses.

        • NABDad@lemmy.world
          link
          fedilink
          English
          arrow-up
          3
          ·
          4 months ago

          Or it shouldn’t be a fine, but criminal prosecution for the executives responsible.

    • palordrolap@kbin.run
      link
      fedilink
      arrow-up
      14
      ·
      4 months ago

      The real punishment ought to be an atomic wedgie. For everyone who was a C-level for more than a month at that company in the last 10 years.

      This ought to be the punishment for a lot of unethical business practices. You can’t delegate that to a customer’s wallet.

    • RubberDuck@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      edit-2
      4 months ago

      No they won’t, but now they where deemed at fault, let the civil litigation begin. As this is the American way.

    • IsThisAnAI@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      arrow-down
      11
      ·
      4 months ago

      Because it was minor and clearly an oversight. But I’m sure you could run an entire phone network with 100% uptime. I mean Verizon can only get to 99.95. Just garbage tier.

      • GeneralVincent@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        ·
        4 months ago

        It was also the second time it happened. It was a mistake, but one that really shouldn’t have happened. And it was minor in terms of how long it was down, but not having access to 911 is potentially a major issue.

        People are just sick of companies not being held responsible for repeated incompetence which often comes from cost cutting measures.

        • IsThisAnAI@lemmy.world
          link
          fedilink
          English
          arrow-up
          3
          arrow-down
          5
          ·
          4 months ago

          A million dollars for a localized and rapidly fixed mistake, even being a serious issue, seems appropriate. Everyone here is out for blood.