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by jmholla 5 hours ago
I don't think that logic works. In your vein, if I say " If it gets hotter, I'll want it to be colder" that would imply that if it gets colder I'll want it to be hotter. That doesn't necessarily have to be the case thought.

If they made a profit and I want them to pay more than the base fine doesn't mean if they made a loss I want them to pay less than the base fine.

I think the rest of your come t stands though. There is difficulty I proving profit and Hollywood accounting can probably change those numbers.

2 comments

> If they made a profit and I want them to pay more than the base fine doesn't mean if they made a loss I want them to pay less than the base fine.

I’m not saying they would get a rebate just that for this to be meaningful for a mid sized or larger company requires a large portion of a given fine to be based on profits. So a company receiving a fine based on their profits would argue they made less money from the behavior, it’s a legal argument without any risk.

Consider a fine for a mid sized company that’s base 100k + 10m based on profits it ‘goes away’ if they win but it also ‘goes away’ if they drop it by 99%. Thus just as much effort would be spent on how much money they made as is put forth to defend the fine in the first place.

Now obviously you could set the base large enough to offset that, but doing so defeats the point of profit based fines in the first place. Which means inherent to the idea of profit based fines is the concept they largely go away if a major company can argue their profits where non existent.

It's not about what you want nor is it about exacting revenge. The end goal is simply a marketplace where a given behavior isn't happening. Appropriately structured fines should accomplish that.
It's a nice theory, but only works if the company gets caught and fined enough times to make a difference. Even a zillion dollar fine is useless if the law isn't applied. Also, when the fine comes out of corporate coffers, not individuals' pockets, there is less incentive to comply with the law. If you really want results, fines should come out of management's personal bank accounts, not to mention some jail time.
Sure, if the regulator doesn't move to enforce then the law won't have any effect but at least to me that sounds like a problem with the government as opposed to a justification for draconian penalties.

Targeting management seems like a tactic that should only be employed where great urgency exists such as life threatening danger. I don't think marketing material is anywhere close to qualifying.

I hate my inbox being inundated with spam as much as the next guy but that doesn't mean drawing and quartering the perpetrators is justified.