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I hope fining Charter .00002 of their 51.6 billion annual revenue gets them to change their ways.
by crmd 4y ago
I hope fining Charter .00002 of their 51.6 billion annual revenue gets them to change their ways.
- gruez 4y agoMeasuring the fine as % of revenue doesn't make much sense here. If they got $x in RDOF funding from the census block that they defaulted on, and they got fined $3x, that's a substantial penalty in relation to how much money they got in the first place. Getting a $100 parking ticket (for not paying for parking) isn't affect a bay area software engineer much (as measured by % of income), but it's still going to heavily disincentivize not paying for parking.
- deathanatos 4y agoSo it seems like the FCC has a $20.4B[1] fund across approximately 61,766 CBGs[2], or ~$330,279 per CBG. The fine was for 768 CBGs, which would then represent ~$253M of the fund, i.e., the fine was ~1.6% of the funded amount. So I don't see how the fine makes any sort of sense. [1]: https://www.fcc.gov/auction/904 https://www.fcc.gov/auction/904 [2]: see [1], see "Census Blocks, Associated Census Block Groups, and Reserve Prices (zip)", the larger of the two CSVs, the number of distinct values in the "cbg_id" column. There's a second CSV in the ZIP, and no documentation whatsoever, so I have no idea what that's about. You can include it in the calculation if you want, but it isn't going to materially affect the outcome here.
- rasz 4y agobut they got fined 0.3% of the subsidy
- thayne 4y ago> Getting a $100 parking ticket (for not paying for parking) isn't affect a bay area software engineer much (as measured by % of income), but it's still going to heavily disincentivize not paying for parking. It also depends on the risk of getting caught and how averse you are to breaking the law.