AT&T paid bribes to get two major pieces of legislation passed, US gov’t says

Wilshire@lemmy.world to News@lemmy.world – 493 points –
AT&T paid bribes to get two major pieces of legislation passed, US gov’t says
arstechnica.com
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Bet they get fined all of 1 million dollars.

Read the article please.

23 million in 2022, but the former president of AT&T was personally indicted on Friday.

Ok so what is 23mil to AT&T? Jack shit. It’s the cost of doing business, there will be no serious repercussions.

I agree, which is why it's WORSE that they were charged 23 million and still consider it the cost of doing business.

It's also like .. line 3. Literally asking for the smallest amount of effort here.

Cost of doing business as usual.

It's not like anybody in the government would actually consider a proper penalty. They need to stop having flat rates or stupidly linear fine scales with a cap. They need to make it an exponential scale with no cap, based on the net worth of the corporation. Same with the tax rate for rich people. But neither of those will ever happen because the companies and rich people write all the laws and then their puppets just sign off on them.

Why would they get fined for doing something that is perfectly legal and that every other company does daily?