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I was under the impression that the law's specific purpose was to make them comply, so they don't really have a choice.
by xenospn 7y ago
I was under the impression that the law's specific purpose was to make them comply, so they don't really have a choice.
- netllama 7y agoWhat's the actual penalty if they refuse?
- ceejayoz 7y agohttps://www.law.cornell.edu/cfr/text/15/700.74 https://www.law.cornell.edu/cfr/text/15/700.74 The maximum penalty provided by the Defense Production Act is a $10,000 fine, or one year in prison, or both. The government may also seek an injunction from a court of appropriate jurisdiction to prohibit the continuance of any violation of, or to enforce compliance with, the Defense Production Act, this part, or an official action.
- Mountain_Skies 7y agoBeyond that, removal of the CEO by the Board of Directors would be the most likely outcome. I haven't looked at who is on the Board but I'm betting most of them are susceptible to pressure from the government and the public.
- Simulacra 7y agoHrm... I wonder if the government would go so far as to arrest the CEO.
- milsorgen 7y agoIt would be a nice change of pace to see. They do seem to weather a lot of legal storms better than most other Americans.