3 ms·
Frankly, I'd just prefer really huge fines, preferably scaled as a percentage of either gross or net revenue or profit.
by PaulDavisThe1st 4mo ago
Frankly, I'd just prefer really huge fines, preferably scaled as a percentage of either gross or net revenue or profit.
- autoexec 4mo agoUnless that percentage was over 100% of the profit they'd still be making money from doing illegal things and the fines just become a cost of doing business.
- PaulDavisThe1st 4mo agoWho said the fines had to be under 100% ?
- _DeadFred_ 4mo agoGoing that route instead of fines it should be a percentage of ownership made public. That: 1. Dilutes that shares, punishing the people who can effect the most change (shareholders) 2. Puts the government on the inside. With ownership, the government can then demand access/knowledge that they can't from a purely private company. And no company is going to want to deal with that headache if they don't have to.
- PaulDavisThe1st 4mo agoThat assumes that the state is punishing companies for criminalitythat it would also be a good idea to own. While that might sometimes be the case, it certainly isn't always the case.