I don't think it's so simple, but it's clear that most businesses take a reactive rather than a proactive approach to security and many other important considerations. Guillotining a few corporations is likely to have a salutary effect upon the others.
To some extent this is a cultural divide; anglo-Saxon capitalism has an unspoken ethic of 'forge ahead, cross bridges when you come to them' while continental European capitalism is far more accommodating of social considerations and has a 'first do no harm' approach. There are upsides and downsides to both approaches - and of course these are very shallow and incomplete characterizations of complex economic and cultural factors, which I have no intention of trying to defend if someone complains about them.
To some extent this is a cultural divide; anglo-Saxon capitalism has an unspoken ethic of 'forge ahead, cross bridges when you come to them' while continental European capitalism is far more accommodating of social considerations and has a 'first do no harm' approach. There are upsides and downsides to both approaches - and of course these are very shallow and incomplete characterizations of complex economic and cultural factors, which I have no intention of trying to defend if someone complains about them.