2 ms·
I think the point the grandparent is making is that for a corporation, a fine is the price of bad behavior. Corporations don't make moral judgments between goo
by nostrademons 5y ago
I think the point the grandparent is making is that for a corporation, a fine is the price of bad behavior. Corporations don't make moral judgments between good and bad; as far as the company is concerned, they will make $X of profit from the behavior and it will cost $Y in fines, and if $X > $Y they will keep doing it. So for fines less than the profitability of the behavior, governments should just think of them as taxes, revenue-generation sources from continuing to allow the corporation to do whatever it's being fined for.
- malermeister 5y ago... and that's why the EU has high fines for shit like this, to make sure $Y > $X. It's also why tech companies keep complaining about EU regulators.
- stjohnswarts 5y agoThat's ludicrous. It should go back into the governing bodies who do this to hire more auditors and investigators and lawyers to do even more of the Lord's work.