Re:France's AMF watchdog fines Bloomberg €5M over Vinci hoax
by crispyambulance on Tuesday December 17, 2019 @11:22AM
(#21815079)
> Combine this with a fine for the publication if they failed to verify information with a reasonable effort...
Ain't gonna work, ever.
Who is going to impose and collect "the fine"? Who will judge what is a "reasonable" effort? How?
The only mechanism we have that is even close is libel lawsuits, and that's only when actual damage is done and demonstrable (sort-of, depending on if you can afford to retain an entire wing of lawyers, like Peter Thiel).
Ain't gonna work, ever.
Who is going to impose and collect "the fine"? Who will judge what is a "reasonable" effort? How?
The only mechanism we have that is even close is libel lawsuits, and that's only when actual damage is done and demonstrable (sort-of, depending on if you can afford to retain an entire wing of lawyers, like Peter Thiel).