These companies are wielding way too much power if they are not afraid to act like this in the open. Bring back making the board of executives and C Suites lives hell when a company so much as inconveniences you.
I want to see fines that have real teeth. No flat rates. Some defined amount per violation, in addition to forfeiture of all revenue derived from or connected to the violation(s). It might be complex to figure out what revenue that applies to inside a large corporation, so to help with the assessment you get a group of government auditors attached to your company for as long as the assessment takes. You pay their wages and provide them with whatever office space &etc they require, and they have a position on your executive board and full oversight of company operations until your debt to society is fully paid.
Regulatory violations should risk ending the company. If you can’t run a profitable business legally then you shouldn’t be running a business.
These companies are wielding way too much power if they are not afraid to act like this in the open. Bring back making the board of executives and C Suites lives hell when a company so much as inconveniences you.
I want to see fines that have real teeth. No flat rates. Some defined amount per violation, in addition to forfeiture of all revenue derived from or connected to the violation(s). It might be complex to figure out what revenue that applies to inside a large corporation, so to help with the assessment you get a group of government auditors attached to your company for as long as the assessment takes. You pay their wages and provide them with whatever office space &etc they require, and they have a position on your executive board and full oversight of company operations until your debt to society is fully paid.
Regulatory violations should risk ending the company. If you can’t run a profitable business legally then you shouldn’t be running a business.