Comment on FCC hits Verizon with $1M fine for dropping 911 calls, again • The Register

• OberonSwanson@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

  The depressing fact this is already in their calculations really suggests fines should be vary based on a percentage of the company’s profits, not a set number for all.

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  • P1nkman@lemmy.world ⁨1⁩ ⁨week⁩ ago

    If you do something illegal, and the result is a fixed fine, it’s only “illegal” for poor people. Rich people dgaf if they have to pay fine/ticket.

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  • CosmicTurtle0@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

    Never profits. Must be revenue.

    Companies have ways of looking like they don’t make a profit, especially when it comes to filing taxes.

    “Oh, we created a subsidiary in Ireland and, gosh darn, they charged us a gagillion dollars for this pen. We actually have a loss this year.”

    Beat

    “Stimulus please!”

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    • lennivelkant@discuss.tchncs.de ⁨1⁩ ⁨week⁩ ago

      I believe that is why people made such a fuss about the GDPR allowing courts to slap companies for up to 4% of their worldwide annual revenue. Whether or not that full extent is ever brought to bear against particularly megacorps is a different question, but at least medium-sized companies will probably avoid repeat offenses. I don’t know how Meta felt about the 1.2 billion ticket either, but I can’t imagine they just shrugged it off as normal business expenses.

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  • NABDad@lemmy.world ⁨1⁩ ⁨week⁩ ago

    Or it shouldn’t be a fine, but criminal prosecution for the executives responsible.

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• Bakkoda@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

  And have been passed on to the consumer in doing so.

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