4 ms·
Just because something is illegal does not stop a corporation from doing it. If the financial penalty for an illegal act is less than the financial gain from ca
by kuzehanka 7y ago
Just because something is illegal does not stop a corporation from doing it. If the financial penalty for an illegal act is less than the financial gain from carrying it out, it will be carried out.
See: petrochemical pollution, bank money laundering, telcos selling customer data, etc.
Legal or not, the discussion is whether a 1B punishment is appropriate. Yes, I think it is appropriate for an organisation with a reported quarterly revenue in the 90B range, maybe even on the low end.
- saagarjha 7y agoBy making something illegal, the government can go after the company by representing the collective will of the people it stands for. I think it’s much more reasonable to have billion dollar fines in that case.