Literally just chump change to them. We need to start actually punishing these fuckers, not slapping their wrists and saying “Don’t do it again, alright??”
What are you proposing?
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Fines that are a significant percentage of global revenue.
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Personal consequences for the people who made those decisions. For example if I started an illegal casino I’d be looking at jail time. Meanwhile these guys are literally walking away.
CEO’s should be the ones punished. They get the praise when things are good and then when shit happens OH we can’t know everything. Well which is it are the responsible for the companies actions or not?
The problem with revenue based fines is payroll makes up a large portion of a companies expenses.
This would just lead to job losses as the company makes cuts to pay the fine.
You mean an actual punishment.
Putting rank and file employees out of work isn’t the win you think it is.
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Somehow force the people responsible to resign for knowingly pushing forward tactics that take advantage of the consumers/market, instate laws that prevent it from happening again, chop off their hands, take your pick
I’d like to see something like a corporate prison, where the company is put under government receivership for X number of years, with no distributions to shareholders. Board of Directors would be disolved, and all C levels fired.
That increased risk would ensure shareholders are more diligent at governing these companies.
I like it!
If it’s serious enough or there are repeated offenses, the directors might have to resign from all boards and the C-suite prohibited from taking equivalent positions elsewhere. And eventually actual humans get prison.
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I’ll split the difference and be happy putting them in jail for a decade or two.
chop off their hands
Stomp on those greedy little fingers first
It needs to at least be a steep multiplier of how much they earned. Consumers should be getting full refunds and the province should be collecting a tidy war chest off of Epic.
The funny part is that the compensation is maxed at $25/person, it’s actually a joke for those that were affected.
It’s weird that they have to payout anything when they were hardly the first to monetize this way
What-about-ism is not a valid consideration for the law for very good reasons. I think we’d all be better off if more people in general could see through how petty of an argument it is.
Not really though. Cause there is precedent.
Wow a whole 2.7 million. What’s that 12 hours of revenue?
Not even half that amount of time.
So Epic games is complaining that they removed the loot boxes in 2019, so let’s look at what they made around that time; about 4.5 Billion a year.
So that’s about $514,000.00 an hour, or about five hours and fifteen minutes.
So like the salary of a single executive.
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Fixed
