Well yeah, and it was ridiculously dumb, lots of people go to jail and big fines were levied. I suppose that you have a point and corporations might do it. At the same time I like to believe it's just not worth it for them.
Exxon, Royal Caribbean, Rockwell International, Warner-
Lambert, Teledyne, and United Technologies each pled
guilty to more than one crime during the 1990s.
Five banks (Citigroup, JPMorgan Chase, Barclays, Royal
Bank of Scotland and UBS) had to pay a total of $2.5
billion to the Justice Department and $1.8 billion to
the Federal Reserve in connection with charges that they
conspired to manipulate foreign exchange markets.
In 2008 and 2009, a salmonella outbreak killed nine
people across the U.S. and sickened hundreds more. The
source of the contamination was traced back to the
Peanut Corporation of America (PCA), a Virginia company
run out of its CEO’s garage. The salmonella outbreak
turned out not to be a tragic accident, but rather the
direct result of PCA’s and CEO Stewart Parnell’s
decision to intentionally ship contaminated products. In
2014, Parnell was convicted for his role in the crime.
> A Volkswagen AG compliance executive who pleaded guilty in the U.S. for his role in the company’s $30 billion emissions cheating scandal was sentenced to 7 years in prison.
And Germany temporarily jailed a bunch of executives (including Audi's CEO, who is still in jail as far as I know) this year to stop them interfering with investigations, and results of those investigations might lead to more being sentenced once they're done.
yes, VW was small fines. GDPR, especially for something like what is being suggested here, would be astronomical. Not saying nobody will do it, because humans are stupid.
to quote vincent vega re: the keying of his car, it would be worth having them do it, just to catch them doing it.
$30 billion is not small fines, add to that that it isn't over yet. It's already more than what BP paid for their oil spill, and the oil spill is thousand times worse in terms of its environmental effect.
At least in this article it's the biggest fine for any corporate crime levied.
