Millions for companies worth TRILLIONS is like fining ordinary people a few pennies.
If the fine doesn’t HURT, then it’s not going to be effective.
Corporations should be fined at least the value of 50% of the profits from the timeframe they were committing those crimes. If they’ve been breaking the law for years, then the fine will likely be tens or hundreds of billions of dollars.
If the law doesn’t compel these companies to act ethically, they simply won’t.
Millions for companies worth TRILLIONS is like fining ordinary people a few pennies.
If the fine doesn’t HURT, then it’s not going to be effective.
Corporations should be fined at least the value of 50% of the profits from the timeframe they were committing those crimes. If they’ve been breaking the law for years, then the fine will likely be tens or hundreds of billions of dollars.
If the law doesn’t compel these companies to act ethically, they simply won’t.