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This is why corporate fines should be based on percentages of global gross revenues, with minimums and no caps. If your company might get fined and lose 5% of
by bradknowles 8y ago
This is why corporate fines should be based on percentages of global gross revenues, with minimums and no caps.
If your company might get fined and lose 5% of their global gross revenue for being a repeat offender, that’s likely to be a much stronger incentive.
Especially if those fines double in percentage for every repetition of the infraction.