Workers, yes, but mainly consumers. A million dollar fine, if you sell 500,000,000 cartridges (just a guess, but in 2012 I searched and saw they sold 315 million worldwide) means they would have to charge .2 cents per cartridge to pay for the fine. ''
I hardly think that issuing any fine would make them care. Why would the CEO give one little tiny shit about a million dollar fine, or a ten million dollar fine for that matter. They just pass it on to the consumer. And that is only passing on the cost of the fine only to the ink division. They could easily pass on the costs to all departments.
Fines are silly and useless. I guess if they were to have a $500 million fine, that would get the company's attention, but I don't see that ever happening, honestly.
But I think if they put the C-suite and board of directors into jail for 8 years, that would have a major effect on all boards and executives.
And right now, corporations are claiming supply chains and inflation for raising their prices, yet they have the largest profits ever. This can only mean that they are raising their prices but their costs are staying the same or rising very little. All of them should be put in prison - robbing the poor and middle class to put that wealth in the hands of the rich. More siphoning money from the poor and middle class. Put them in prison, I say. Make some example. This is not about price controls, but against holding the US population hostage. Is there collusion? Because that is against the law. That is not controlling prices. Collusion is collusion.
> Fines are silly and useless. I guess if they were to have a $500 million fine, that would get the company's attention, but I don't see that ever happening, honestly.
Fines work great as long as they're sufficient enough to disincentivize the relevant behavior! If you made it so that any printer that you disabled cost more to you than one left enabled, then the business would absolutely change course, no huge single-time fine required.
> But I think if they put the C-suite and board of directors into jail for 8 years, that would have a major effect on all boards and executives.
Agreed, but I think that effect would be extremely detrimental to society (capital punishment for misbehavior also has a big impact, and is pretty clearly not the kind of thing we'd want.)
If there is currently a criminal law that the CEO is breaking, then by all means they should be tried. If we're just trying to end business practices we don't like, though, regulation and monetary disincentives are the way to do that.
Making an example of someone should only be done insofar as they've broken the rules. If we don't like the way they're acting while following the rules, the rules are the things we should change.
I hardly think that issuing any fine would make them care. Why would the CEO give one little tiny shit about a million dollar fine, or a ten million dollar fine for that matter. They just pass it on to the consumer. And that is only passing on the cost of the fine only to the ink division. They could easily pass on the costs to all departments.
Fines are silly and useless. I guess if they were to have a $500 million fine, that would get the company's attention, but I don't see that ever happening, honestly.
But I think if they put the C-suite and board of directors into jail for 8 years, that would have a major effect on all boards and executives.
And right now, corporations are claiming supply chains and inflation for raising their prices, yet they have the largest profits ever. This can only mean that they are raising their prices but their costs are staying the same or rising very little. All of them should be put in prison - robbing the poor and middle class to put that wealth in the hands of the rich. More siphoning money from the poor and middle class. Put them in prison, I say. Make some example. This is not about price controls, but against holding the US population hostage. Is there collusion? Because that is against the law. That is not controlling prices. Collusion is collusion.