While I agree with you, they consider it the cost of doing business. That’s why the Ford Pinto was allowed to go to market when Ford knew it was deadly. They ran the numbers and decided they would make more money selling the car as is and paying the lawsuit.
We really need to start making the payouts (and thereby the actual cost of such class action lawsuits) more expensive. I believe class action suits are capped and I’m really starting to think that’s what we should be targeting.
Fines that don’t take a significant proportion of a corporation’s yearly income until they unfuck whatever they did are just fees, they’re not effective.
Its not about getting money. Its about, in that case Sony geting a clear “this decision cost us money”.
While I agree with you, they consider it the cost of doing business. That’s why the Ford Pinto was allowed to go to market when Ford knew it was deadly. They ran the numbers and decided they would make more money selling the car as is and paying the lawsuit.
We really need to start making the payouts (and thereby the actual cost of such class action lawsuits) more expensive. I believe class action suits are capped and I’m really starting to think that’s what we should be targeting.
That class action judgment was essentially a fee.
Fines that don’t take a significant proportion of a corporation’s yearly income until they unfuck whatever they did are just fees, they’re not effective.