Musk could face DSA fines of up to 6% of global revenue—including SpaceX sales.

  • BrikoX@lemmy.zipOPM
    link
    fedilink
    English
    arrow-up
    7
    ·
    1 month ago

    As long as they exclude publically traded companies where there isn’t a single controlling party this sounds like a good idea. Scary for those that like to ignore laws, but good for everyone else.

    • jmcs@discuss.tchncs.de
      link
      fedilink
      English
      arrow-up
      7
      ·
      1 month ago

      There’s extensive case law in the EU about this. The interesting part in the case of Musk’s companies is that they would be pretty much shielded from X’s fines if he hadn’t used Space X’s and Tesla’s resources and personnel while trying to fix things on X/Twitter.

      • BrikoX@lemmy.zipOPM
        link
        fedilink
        English
        arrow-up
        5
        ·
        1 month ago

        This is why it makes sense for specifically private companies that are solo owned. It’s not uncommon that resources get shifted from one to the other as they are often treated as personal not corporate assets.

      • BrikoX@lemmy.zipOPM
        link
        fedilink
        English
        arrow-up
        3
        ·
        1 month ago

        USA has been stepping up their enforcement the last few years, but they got their hands tied after Supreme Court overturned Chevron. So you’re probably right.

        • AndrewZabar@lemmy.world
          link
          fedilink
          English
          arrow-up
          3
          ·
          1 month ago

          The U.S.A. is - and has for a time been - a corporation owned by the small group of wealthiest in the country. Its shareholders are billionaires and the board of directors are those most powerful politicians with ties to billionaires.

          The U.S.A. will never inflict justice on its own people, how else besides rampant mass criminal activity are those small groups supposed to rule the world?

  • Emi@ani.social
    link
    fedilink
    English
    arrow-up
    7
    arrow-down
    2
    ·
    1 month ago

    Make fines be percentage of income not fixed number. 0.01% of yearly income is not a fine that’s cost of running the business.