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Revenue based fines aren't necessarily always going to be fair because some companies focus on revenue more than others, and it's not fair to penalize them for
by whamlastxmas 10y ago
Revenue based fines aren't necessarily always going to be fair because some companies focus on revenue more than others, and it's not fair to penalize them for that.
My guess as to why they lowered the fine is because the FTC doesn't want to appear as though they are deliberately bankrupting companies in efforts to simply make them go away. Things could get way too political at that point, and people could start trying to influence the FTC to bankrupt their competition.
- 0xmohit 10y agoWhat is the difference between stealing money from one's pocket/locker, and stealing information about someone? In both cases, one is doing it for profit. The only difference is that in the latter, you utilize the information to make money. The amount of fine appears ridiculous. The FTC might as well could come out and say that there's no violation here as we do not want to appear as being on a witchhunt.