Tag: Corporate Fines
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Should Corporate Fines be Proportional to Revenue? Lessons from Amazon’s $5.9M Fine
The $5.9M fine levied against Amazon by California’s labor agency for breaking labor laws raises critical questions about corporate governance, regulation, and effective punitive measures. This relatively minor fine for a giant like Amazon, which reported a staggering $574 billion in revenue last year, seemingly pales in comparison to the scale of the company. The…