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by epivosism
986 days ago
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I just find it strange that in this and the other story, everyone is saying that the initial fine should have been larger. Is the theory that the company is going to ignore this? That seems implausible; I'm guessing that they're scrambling to avoid further problems and make sure the relationship with their regulator is good. From the regulator's perspetive, what benefit would it do to actually put them out of business, or to seriously wound them, or scare them more? Or, are we trying to establish a precedent that "you may be seriously damaged even upon first infraction"? Is that the behavior we want companies to anticipate - that the government will attack super hard upon first infraction? If that's what we want, okay. But to me that seems too strong, since there are tons of laws and rules with arbitrary enforcement; given that it makes sense that when agencies get involved, they initially fire warning shots like this so companies know someone is paying attention. Then in a month, if the company hasn't taken serious steps to solve this, the regulators can start nuking companies who don't comply. I'm definitely pro regulation, but there's a trade-off because companies need to know the rules so they can plan, budget, consult, etc. so having this initial trigger that working to figure out what is allowed/forbidden/etc is good. Companies pre-emptively being extremely scared will have huge costs (money/environmental/speed), too, especially when it's for things which don't matter or which agencies don't actually care about. |
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