Wow, a whole $1 million. They’ll notice that for like seven seconds.
They won’t notice, as fines are already in the cost projections.
The depressing fact this is already in their calculations really suggests fines should be vary based on a percentage of the company’s profits, not a set number for all.
Or it shouldn’t be a fine, but criminal prosecution for the executives responsible.
Never profits. Must be revenue.
Companies have ways of looking like they don’t make a profit, especially when it comes to filing taxes.
“Oh, we created a subsidiary in Ireland and, gosh darn, they charged us a gagillion dollars for this pen. We actually have a loss this year.”
Beat
“Stimulus please!”
I believe that is why people made such a fuss about the GDPR allowing courts to slap companies for up to 4% of their worldwide annual revenue. Whether or not that full extent is ever brought to bear against particularly megacorps is a different question, but at least medium-sized companies will probably avoid repeat offenses. I don’t know how Meta felt about the 1.2 billion ticket either, but I can’t imagine they just shrugged it off as normal business expenses.
If you do something illegal, and the result is a fixed fine, it’s only “illegal” for poor people. Rich people dgaf if they have to pay fine/ticket.
No they won’t, but now they where deemed at fault, let the civil litigation begin. As this is the American way.
Because it was minor and clearly an oversight. But I’m sure you could run an entire phone network with 100% uptime. I mean Verizon can only get to 99.95. Just garbage tier.
It was also the second time it happened. It was a mistake, but one that really shouldn’t have happened. And it was minor in terms of how long it was down, but not having access to 911 is potentially a major issue.
People are just sick of companies not being held responsible for repeated incompetence which often comes from cost cutting measures.
A million dollars for a localized and rapidly fixed mistake, even being a serious issue, seems appropriate. Everyone here is out for blood.
Oh no! Not a million dollars! I what ever will they do?
How about a 100*million*million dollars? Put them out of business and T-Mobile will be frightened enough to not try this shit any longer.
If they can slap fines with whatever amounts, why don’t they just ask enough to finance the country and make the company bankrupt? It’s not like the CEO is indispensable
