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by danaris
886 days ago
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They "haven't been convicted of any wrongdoing" because we have developed a detestable habit, in this country, of allowing—in some cases even encouraging—large companies and wealthy individuals to simply settle major lawsuits "without admitting any wrongdoing" rather than forcing them to actually, yes, admit that lying and taking money they weren't owed and didn't need (or whatever other particular awful thing a given suit is about) is wrong, and requiring them to change their behavior. All because it would be more expensive to actually see justice carried out. It really makes me wonder just how expensive it would be, in net, to nationalize and/or break up companies like Verizon, and force them to be good corporate citizens either by running them directly, or by cutting them down to a much more manageable size and actually giving them meaningful competition again for the first time in far, far too long. |
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Except in this case it's not really clear that taking them to trial would result in a guilty verdict against them. It's also possible that they get off 100% scot free instead. I don't know about you, but if I was a consumer I'd rather get a paycheck in the mail right now, than having both sides' lawyers rack up thousands more billable hours (which will be paid from the settlement and/or future bills) for an uncertain promise of a bigger paycheck and them being declared as guilty.