It would be one of the largest ones accc has handed out?
If I recall, Telstra got a $10m fine once, and at the time that was largest ever.
Yeah just looked.
VW got $125m, Qantas $20m, abnb $15m, then this is 4th I think
It would be one of the largest ones accc has handed out?
If I recall, Telstra got a $10m fine once, and at the time that was largest ever.
Yeah just looked.
VW got $125m, Qantas $20m, abnb $15m, then this is 4th I think
WhatAmLemmy@lemmy.world 3 months ago
The size of the fine is irrelevant. What matters is the fine being proportionally punitive that it deters similar actions, instead of being viewed as another overhead and the cost of doing business.
If you steal a car, sell it and make 10k, the cops don’t fine you 5k. They take the whole lot and more. If they only took 5k, then the cops are operating more like a coconspirator in the racketeering; taking their cut of a profitable crime, that is guaranteed to be repeated.