I was just reading about a violation of the Canadian fisheries act that has a maximum penalty of $200k, and realized the absurdity of there ever being a maximum fine.
There should be no maximum fine on any corporate penalty given that we do not cap the size of corporations or their bank accounts.
It would be like having maximum jail terms of 25 years for immortal beings that can live to 10,000.
Yeah; we very obvious need to move to gross-revenue-based fines. Megacorps can effectively ignore dollar-value fines, since even the maximal amounts are so relatively minuscule that they’re simply seen and handled as an OpEx line item, so there’s effectively zero deterrence factor.