Here in Australia it’s standard practice to use “how much profit did you make” as the basis for a fine.
Except we normally multiply that number by 3x or 5x in order to make it properly punitive.
Comment on FTC fines Razer for every cent made selling bogus “N95 grade” RGB masks
JakenVeina@lemm.ee 6 months ago
I feel like this is the first time I’ve EVER heard of a fine being “all the profits you made from the fraud.” Is tuis for real? Why the hell is it Razer, of all companies, that’s getting a proper punishment?
abhibeckert@lemmy.world 6 months ago
psycho_driver@lemmy.world 6 months ago
In the US companies will knowingly do shitty things and break established rules if they feel the profit will outweigh the resulting fines. It happens all the time.
P1nkman@lemmy.world 6 months ago
It’s the cost of doing business. Hell, if I could rob a bank for 10 million dollars, and the fine was a million dollars (or 9 million), I’d probably do it too!
If the cost for breaking the law is a set amount, it technically only affects poor people. There’s a rich guy in Bergen, Norway who received more than 50 parking fines in less than a year, because for him, the fine is the parking cost. It would be like I’d pay 1 cent for parking wherever I want. I wish the government would be able to take away his driver’s license for this. He’s also blocked trans from being able to continue their drive. Fucking asshole.
trolololol@lemmy.world 6 months ago
That’s not a downside, that’s consequences of their mistakes. If they’re not caught, honest mistake or not, they’re not giving it back to the community.
RecluseRamble@lemmy.dbzer0.com 6 months ago
It says revenue, not profit, so even better.
jkrtn@lemmy.ml 6 months ago
Good start but still not enough.