Re:California jury says Bayer must pay $2B to couple in Roun...
by 75dvtwin on Monday May 13, 2019 @11:28PM
(#19906558)
>The billion-dollar punitive damages verdict, moreover, is not crazy considering that the point of punitive damages is to deter similar conduct in the future
I think most would be ok with this reasoning behind punitive damages, as long as lawyers representing victims cannot collect more than, say 1.2 mln $USD (or some large multiple of a minimal wage).
Otherwise, the obscene punitive damages are transferred as insurance cost, baked into pharma costs, and covered exclusively by US consumers.
I think most would be ok with this reasoning behind punitive damages, as long as lawyers representing victims cannot collect more than, say 1.2 mln $USD (or some large multiple of a minimal wage).
Otherwise, the obscene punitive damages are transferred as insurance cost, baked into pharma costs, and covered exclusively by US consumers.