this post was submitted on 20 Jul 2023
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Totally agree. Facebook should have been absolutely crippled financially after influencing an election, but they get off scot free.
My idea is this:
Instead of a maximum fine being applied, you take a violation, lets say influencing an election, and you calculate how much of the corporations revenue came from that source. (i.e. Facebook messenger revenue would not count for election manipulation). Then, take a huge portion of that revenue (60%, 70%? [Depending on the violation]) and take that from their revenue. Who gives a shit if Facebook literally has to close down one of their services from lack of finances, thats what they get.
Why not 150%. At a bare minimum every single dollar brought in by illegal action deserves to be taken.
Yeah, something at or above 100% would be good. Even at 100% they're still losing the cost of doing business and getting zero revenue from it which is a poor business decision.