Amazon allegedly destroyed communications, turned controversial programs on and off, and knowingly raised prices for consumers, according to unsealed documents.
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.
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.
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.
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?
I don't really see any other company building massive warehouses that employs millions of underserved people and providing them with decent paying jobs with good benefits. I don't think 1.6million Americans should be unemployed because of shady actions of the execs.
People are still fling to buy shit. Maybe they have to do it locally instead? Probably some other company would step up to replace their monopoly. It's only be an improvement.
I don't think forcing people to work in inhumane conditions while paying them close to nothing, so that they still need to use food stamps, counts as employing. It sounds more like exploiting the most vulnerable people, which have no other employment option, because big monopolies like Amazon killed all the competition
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.
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.
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 🔔
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.
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?