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these fines need exponential escalation over time to work.
by gmerc 3y ago
these fines need exponential escalation over time to work.
- BiteCode_dev 3y agoWith a little jitter to make sure the fining system don't get overloaded by all those criminal companies.
- arcticbull 3y agoNorway is the home of wealth-based speeding tickets. I'm confident it's not just a flat rate with no additional recourse options.
- NorwegianDude 3y agoWell, that's not at all true... Speeding tickets are high, but they are the same for everyone.
- deleted 3y ago[deleted]
- alkonaut 3y agoI think that's Finland
- arcticbull 3y agoYeah I knew there were some high-profile Finnish cases, the Nokia guy in particular. [1] I did some cursory looking before I posted to because I thought Norway had it too, looks like they have wealth/income based fines for drunk driving, not speeding. [2] [1] https://www.theatlantic.com/business/archive/2015/03/finland-home-of-the-103000-speeding-ticket/387484/ https://www.theatlantic.com/business/archive/2015/03/finland... [2] https://www.theguardian.com/world/2017/nov/17/norwegian-heiress-katharina-g-andresen-23000-pound-drink-driving-fine https://www.theguardian.com/world/2017/nov/17/norwegian-heir...
- stuaxo 3y agoLooks like that's Finland.
- JumpCrisscross 3y ago> these fines need exponential escalation over time to work It hasn’t even started accumulating. How are you declaring it won’t work?
- gmerc 3y agoI worked at these places. This is pocket money. Cost of doing business.
- bjornasm 3y agoIts pocket money untill other european countries follow.
- JumpCrisscross 3y ago> I worked at these places. This is pocket money. Then you weren’t in a budgeting role. Multiple heads in Facebook’s Norwegian office will be on the line if they lose a double-digit fraction of profits. If you want headlines, go big and risk losing in court. If you want results, be smarter. The way Oslo is playing it, this looks smart. They’re keeping it local to avoid jurisdictional challenges. And instead of a Vestager-Khan populist swing for the fences that entrenches both sides in litigation for years, it gives Meta a reasonable opening to actually change its behaviour in the short run.
- gmerc 3y agoAs ex facebook - no, that’s not how it works. they’d be lucky to even have multiple heads in Norway and all the shots are taken in MPK anyway. These fines are act of god in their eyes, a tiny spec in a sea of money. Nobody ever gets fired for adverse policy environment, that’s bad fanfic. Unless you throw an executive to prison like Brazil or force temporary shutdown like India or leverage three digit million fines like the EU … it’s all pocket money.
- JumpCrisscross 3y agoThis contradicts how a few folks I know there ran their layoffs, but totally aligns with their psychology ca. 2021. Could this come down to higher rates? Also, if Facebook volunteers to pay a 100%+ effective tax rate in Norway…that seems fine for Norway?
- gmerc 3y agoFun fact: The US did apply it to Twitter when they really wanted to stop the dicking around. > Finally, we note that Twitter assured the court that it would comply with the warrant by 5:00 p.m. on February 7, and never raised the possibility that it would defy the order for a month and end up owing the court “the entire world’s gross domestic product.”