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this post was submitted on 08 Jul 2023
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Sure, and then they'll be fined for what looks like a huge amount of money to us regular folks but to a corporation like Meta is essentially a slap on the wrist, and they'll keep doing illegal shit.
We really need to start charging corporations GDP of Switzerland-level sums if we want them to behave ethically.
I mean, if the US is serious about the whole "corporate personhood" thing, surely that makes corporations eligible for the death penalty?
You're assuming the Supreme Court has legitimacy and principles. About that...
The rule of GDPR is €10,000 or 5% of annual gross earnings (not net) per incident, whichever is greater.
Even the likes of Meta don't want to deal with that kind of fine hence why Threads has not been released in the EU.
So it is totally achievable, the problem is the US government don't actually want to fix the problem because of lobbying.
Nah, the fine needs to be equal to what their revenue was from having that illegal thing to begin with.
Cat: Not equal, triple. Need to make it HURT.
Fine? Fine.
$1.3 billion
$275 million
$400 million