this post was submitted on 23 Jan 2024
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Agreed. Corporate regulatory capture was a 100% success in the United States. It has been that way since at least Reagan. It always comes back to government corruption and what I see in these kinds of civil suits against corporations that were breached is a gentle slap (actually more of a caress!) on the wrist (and a wink and a nod when the cameras turn off) between the demagogues and the corporations that own them.
Yeah it really comes back to "fines are only for poor people." Google can just count the fines as the cost of doing business while simultaneously leveraging their dominance to force other companies to break regulations in order to work with them.
It’s VERY similar to how we (in the US) allow Congress to decide the rules that THEY THEMSELVES have to follow when you have the legalized bribery that is known as lobbying in the US.
You know what I bet we both agree on? Limited liability in general being a shit idea.