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When fines are set numbers and not percentages of profit, fines just become part of the business model.
Capital punishment for C-suite level executives. People make these decisions and then hide behind the concept of corporations. Hold people accountable.
GDPR sets the example:
20 million euros
Or
4% of your revenue
Whichever is higher
Fines need to be a percentage of gross income, so there’s no artificially suppressing the fine like they do their taxes.
Lets see how long it takes to fix them if they’re paying 1% of their yearly intake daily as long as they’re out of compliance.
deleted by creator
Flick or fuck?
I’ve never understood why the same hasn’t happened to Apple, who are just as bad (if not worse)
Even with the small fines, constant fines could add up. Why else did Google and other tech companies support Trump? They are pissed during the Biden administration of the aggressive antitrust cases by the FTC under Lina Khan.
