The US government has issued millions of dollars in fines to AT&T, Sprint, T-Mobile and Verizon after an investigation found the nation’s top wireless carriers had illegally shared customers’ personal data without their consent.
Calculate the fine as a percentage of yearly gross profit.
A sliding scale from 0% to 100% depending on the severity of the offense.
When a carrier commits crimes openly, they should bleed money profusely and publicly. Create real deterrents or this is theatre to make thr public think something is changing.
Nothing has changed.
Carrier, “Yo I did this illegal crime that made ten billion in profit!”
Gov, “Naughty naughty, that’s a $57 fine.”
Carrier, “Aw man, I truly learned my lesson. I will never do this again.”
Millions? Weak.
x10
x100
Calculate the fine as a percentage of yearly gross profit.
A sliding scale from 0% to 100% depending on the severity of the offense.
When a carrier commits crimes openly, they should bleed money profusely and publicly. Create real deterrents or this is theatre to make thr public think something is changing.
Nothing has changed.
Carrier, “Yo I did this illegal crime that made ten billion in profit!”
Gov, “Naughty naughty, that’s a $57 fine.”
Carrier, “Aw man, I truly learned my lesson. I will never do this again.”
(Tune in next week when Carrier does it again!)
Seriously, though. That fine is less than a slap on the wrist.