Re:Airbnb will up its penalty for hosts who cancel last-minu...
by mupuff1234 on Friday July 22, 2022 @11:52AM
(#32193317)
But the DUI penalty doesn't go to some private entity, eventually it goes back to the public.
The Airbnb penalty goes to cushion Airbnb's pockets.
Re:Airbnb will up its penalty for hosts who cancel last-minu...
by ChrisLomont on Friday July 22, 2022 @11:59AM
(#32193456)
>to cushion Airbnb's pockets
i.e., to their stock price, i.e., to investors, i.e., to pension funds both private and public (pensions are by far the largest AirBnB shareholders), i.e., it likely benefits the majority of the public (the majority of US households have stock exposure, quite often large pension funds or index funds - AirBnB is part of the Nasdaq 100, for example).
Re:Airbnb will up its penalty for hosts who cancel last-minu...
by blululu on Friday July 22, 2022 @11:26AM
(#32192995)
We typically do pay a fee directly to the person/people who were injured by their actions.
Re:Airbnb will up its penalty for hosts who cancel last-minu...
by FartyMcFarter on Friday July 22, 2022 @11:35AM
(#32193104)
"May have been" vs "actually was" affected are quite different from each other.
Re:Airbnb will up its penalty for hosts who cancel last-minu...
by scottiebarnes on Friday July 22, 2022 @11:47AM
(#32193248)
True, portions of fees go to victims funds.
However, in most cases, damages will need to be pursued civilly.
My point was, the primary goal of expensive punishments are not to make victims whole.
Ie. someone gets a DUI, we don't directly pay out the fee to anyone near by who may have been affected.