2 ms·
Why even have fines when they amount to an insignificant cost of doing business? What is the purpose? If the purpose is to deter companies from doing some thing
by ryandrake 1y ago
Why even have fines when they amount to an insignificant cost of doing business? What is the purpose? If the purpose is to deter companies from doing some thing, then a fine that equals a tiny number of days revenue is not providing any kind of deterrence.
- deleted 1y ago[deleted]
- jahewson 1y agoIsn’t this a counter factual that can’t be proved? How do you know it won’t deter other companies?
- ryandrake 1y agoThe thread is not about other companies. It's about Apple, and they can eat a one-time $2B fine for breakfast without even noticing it. It's not much of a deterrence. I'll be convinced the law has teeth when they're fined $2B daily until they take corrective action.