this post was submitted on 06 Nov 2023
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[–] m_r_butts@kbin.social 167 points 10 months ago (4 children)

I'd like to see a law where this immediately dissolves the company.

[–] kool_newt@lemm.ee 66 points 10 months ago (2 children)

Yep, there needs to be real consequences. In addition, no member of that board or executive team should be able to act in those positions in any company for like 5 yrs.

[–] lightnsfw@reddthat.com 56 points 10 months ago (1 children)
[–] ProdigiousWumpus@kbin.social 23 points 10 months ago (1 children)

That would be a very effective way to keep them out of those positions.

[–] jaybone@lemmy.world 4 points 10 months ago

Can you not be on a company board from prison?

[–] jaspersgroove@lemm.ee 9 points 10 months ago (1 children)

Corporation - n.

An ingenious method for securing individual profit without individual responsibility.

  • Ambrose Bierce, The Devil’s Dictionary
[–] kool_newt@lemm.ee 1 points 10 months ago

Damn you for being exactly right!

[–] EnderMB@lemmy.world 32 points 10 months ago* (last edited 10 months ago) (1 children)

Honestly, I don't think the company needs to be dissolved, but I think that accountability for the law should exist at director level and up. For a company the size of Amazon, that's probably around 100 people that should face the consequences - and that's only the retail org.

The best description of Amazon is that it is a management company. It's not a retailer, or a tech company. It's output is its management process, and it's this that it uses to build products in different markets.

So, remove the source of those processes. Let people move up to higher roles, and let someone not breaking the law take the senior positions.

[–] Wermhatswormhat@lemmy.world 9 points 10 months ago (1 children)

Yeah but then how would I be able to get that napkin holder that I ordered in my underwear delivered tomorrow! You don’t understand how much I need this thing right now even though I can’t be bothered to get dressed and drive my ass to the store.

[–] cmbabul@lemmy.world 7 points 10 months ago

How about if the company is so large and sewn into the fabric of the modern world then instead of dissolving the company it instantly becomes a public utility, turn the shares into treasury bonds, and jail the executives?

[–] BloodSlut@lemmy.world 118 points 10 months ago (2 children)

wow, turns out that telling criminals that youre going to be looking for evidence in a few months isn't actually a good idea. who could have guessed?

[–] TheOhNoNotAgain@lemmy.world 29 points 10 months ago* (last edited 10 months ago)

If you have the list of all documents before and after, you let the defendant do the discovery for you

[–] massive_bereavement@kbin.social 6 points 10 months ago

If you have some drugs in your home, police will do a no-knock raid.

If you steal billions, they let you know months in advance and also adapt to your schedule.

[–] reverendsteveii@lemm.ee 96 points 10 months ago (2 children)

of course they did, the penalty for getting caught destroying evidence is far, far less than the penalty for the price fixing they're accused of. the law is designed to incentivize them to do this.

we could make it so that the penalty for destroying evidence in a court case once its been subpoenaed is twice the penalty of the original case, but we don't. we could make CEOs responsible for the actions of their employees (after all, they're quick to claim responsibility for the actions of their employees when those actions generate money), but we don't.

[–] Madison420@lemmy.world 18 points 10 months ago

It's not though. It usually laxed but generally rules of procedure allow a judge to accept spoliation as proof of the crime they're accused of.

[–] captain_aggravated@sh.itjust.works 3 points 10 months ago

It's not going to stop until we start holding executives physically responsible for their crimes in disfiguring ways. "Why is the right half of your face missing, Bob?" "Insider trading" he writes on an index card because he's been debarked.

[–] Gork@lemm.ee 31 points 10 months ago (2 children)

I will only be surprised if someone actually ends up going to prison. More likely, the company will just get hit with a fine that's just the cost of doing business.

Although Romney said, "Corporations are people too, my friend" you can't throw Amazon in jail.

Closest they can do is a forced break up. A "Ma Bell" so to speak 🔔

[–] InternetCitizen2@lemmy.world 3 points 10 months ago

I am sure they hired a fall guy.

[–] Coasting0942@reddthat.com 3 points 10 months ago

Amazon now has to direct all managers watch a data retention video every year for the next five years, is allowed two years to roll this out, and can appeal in 3 years.

[–] barrbaric@hexbear.net 21 points 10 months ago

Just behead them all and be done with it, we know they're guilty.

[–] Trudge@lemmygrad.ml 18 points 10 months ago (1 children)

Good to know that they'll be going to jail over this.

[–] culpritus@hexbear.net 23 points 10 months ago (1 children)
[–] American_Communist22@lemmygrad.ml 14 points 10 months ago

oh wow crazy the capitalists are ghoulish liars who fucking knew

[–] MuuuaadDib@lemm.ee 13 points 10 months ago (1 children)

Seems like that would be illegal and they should be on trial. I wonder if I went into Amazon and started to destroy a PC or two would I be held accountable?

[–] Gestrid@lemmy.ca 2 points 10 months ago

Not if you destroy the evidence that you destroyed a PC! /s

[–] UlyssesT@hexbear.net 11 points 10 months ago