• @northendtrooper@lemmy.ca
    link
    fedilink
    English
    509 months ago

    When will punishment stop being attached to a hard number and be a percentage of the company’s worth. Shits maddening.

    • @Khanzarate@lemmy.world
      link
      fedilink
      English
      299 months ago

      While I’d love a percentage based fee, this is a damages suit, so it should be actual damages these people are owed, as determined by the court. A percentage just doesn’t make sense here unless punitive damages were also on the table.

      In principle I agree, though, breaking the law should not be an affordable “cost of doing business”.

    • FenrirIII
      link
      fedilink
      English
      89 months ago

      These companies shift gains and losses around so much that they would evade any punishment

      • paraphrand
        link
        fedilink
        English
        89 months ago

        “As you can see your honor, we actually lost 400 million last year. Negative profit. It looks like you actually owe us money when you calculate the proposed fine…”

      • @muntedcrocodile@lemmy.world
        link
        fedilink
        English
        59 months ago

        Surly u can make it the value of a percentage of shaires. The primary purpose of any company is the keep the shairholders happy either pay ur fines or fail ur primary purpose.