• gravitas_deficiency@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    10
    arrow-down
    1
    ·
    3 years ago

    Hey EU, FYI, if you want those fines to actually work as disincentives for companies that make trillions of dollars per year (fuck me, that’s weird to write), they need to be calculated as a percentage of gross (not net) revenue instead of a flat amount.

    • xigoi
      link
      fedilink
      English
      arrow-up
      1
      ·
      3 years ago

      Nah, they need to exponentially grow.

        • xigoi
          link
          fedilink
          English
          arrow-up
          1
          ·
          3 years ago

          Grow with non-compliance. For example, every month you don’t comply will cost you twice the previous month.

          • gravitas_deficiency@sh.itjust.works
            link
            fedilink
            English
            arrow-up
            1
            ·
            3 years ago

            Oh, yeah, I agree. Treating violations and fines thereof as “the cost of business” should be an untenable long-term strategy for any business.