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> The fine is considerably smaller than the £183m that the ICO originally said it intended to issue back in 2019. > It said "the economic impact of Covid-19" ha
by WhatsName 6y ago
> The fine is considerably smaller than the £183m that the ICO originally said it intended to issue back in 2019.
> It said "the economic impact of Covid-19" had been taken into account.
Why do I get the feeling, that if £183m would not have mattered much to the bottom line of BA back then and now that it does they get a discount.
Is there any other non-business analogy where you get a discount on a fine, because you hit rough times financially?
- tatg 6y agoIn Norway you get fined for driving under influence proportional to your income, typically 1.5 times your monthly income before taxes.
- Scoundreller 6y agoWhat if you’re a billionaire but lost money in the last fiscal year?
- fyfy18 6y agoAbove a certain income level, being fined 1.5 months of your income is mearly a blip on the radar. Plus most of the super rich actually have quite a small personal income, their wealth is from ownership of companies. There's a high chance you earned more than Bezos last year [0]. [0] https://edition.cnn.com/2019/04/11/tech/jeff-bezos-pay/index.html https://edition.cnn.com/2019/04/11/tech/jeff-bezos-pay/index...
- gruturo 6y agoWell, a few years ago a Finnish citizen got a giant fine for speeding, based on his income: https://www.bbc.com/news/blogs-news-from-elsewhere-31709454 https://www.bbc.com/news/blogs-news-from-elsewhere-31709454 IIRC he managed to have it later reduced because his income dropped sharply (tied to Nokia's fortunes I think), although I can't find a mention in the article.
- chrisseaton 6y ago> Is there any other non-business analogy where you get a discount on a fine, because you hit rough times financially? Yes I think judges routinely take ability to pay into account when considering punishment in criminal cases.
- tokai 6y agoIn Denmark you can apply to get a fine halved if you earn less than $2250 monthly.
- 3np 6y agoI wrongly assumed this was common practice, but it seems that it really is mostly in Scandinavian countries that criminal fines in general are issued in units, with each unit amount is based on the receivers income: https://en.wikipedia.org/wiki/Day-fine https://en.wikipedia.org/wiki/Day-fine
- Semaphor 6y agoFrance, Germany, Romania, Switzerland and Macao are all not Scandinavian. The German Wikipedia is missing most from this list but also includes Austria and Liechtenstein. But I thought it was more common as well, as it seems pretty fair.