That’s a good place to start but there’s more to be considered. The data could be even more valuable than the value they were able to capture from the transacti

That’s a good place to start but there’s more to be considered. The data could be even more valuable than the value they were able to capture from the transaction. What if they gave it all away for free? We wouldn’t fine them $0. The revenues earned should be considered, but we have to keep in mind that price does not equal value, and if a transaction occurred then the buyer was probably willing to pay more than the list price for it, that auctions only result in the price being equal to the amount the second-highest bidder was willing to pay, and that your data once sold by the telco company could end up selling for even more in future markets than it is selling for in today’s markets. Should we fine them how much they were able to gain from it without pricing in how much the victims lost from it? And how well can we evaluate how much the victims lost? The problem with the government getting all the money is that the focus is removed from the victims, and questions like these aren’t given complete consideration. Would we have a better valuation if the victims were to receive compensation, if only due to the conversations that would arise from such proceedings? And also since, well, they’re the victims?