Re:Visa, Mastercard suspend payments for ad purchases on Por...
by BHSPitMonkey on Thursday August 04, 2022 @04:23PM
(#32347846)
> I suspect if all businesses were held to this standard perfectly, there would be no businesses operating that generated $500M in revenue per year.
If this standard were held perfectly and everyone knew it would be applied to them, businesses wanting to generate more revenue would adapt accordingly. Obviously violators of this standard exist today _because_ this standard is not enforced (i.e. laws without any "teeth" are not sufficiently motivating).
Re:Visa, Mastercard suspend payments for ad purchases on Por...
by arwhatever on Thursday August 04, 2022 @06:11PM
(#32348954)
“ If you give me six lines written by the hand of the most honest of men, I will find something in them which will hang him.”
Re:Visa, Mastercard suspend payments for ad purchases on Por...
by labster on Thursday August 04, 2022 @06:39PM
(#32349207)
If this standard was applied perfectly, every company under the threshold would be trying to shut its large competitors down with moles to sabotage them with a single documented illegal act.
Re:Visa, Mastercard suspend payments for ad purchases on Por...
by L6489afSMNLNFDa on Thursday August 04, 2022 @10:11PM
(#32350699)
If this standard was applied perfectly, large competitors would actually follow the laws... just like large businesses do today with laws that are actually enforced (MUCH more so than small businesses especially)... and why do you think they wouldn't be the ones trying to sabotage the upstart competitors? That's historically much more likely (although I'm sure it would in fact happen in both directions).
Moreover, is that bad? Is punishing people when they do something illegal bad?
Re:Visa, Mastercard suspend payments for ad purchases on Por...
by pauldenton on Friday August 05, 2022 @02:38PM
(#32360124)
What did Visa do that was illegal?
I suspect if all businesses were held to this standard perfectly, there would be no businesses operating that generated $500M in revenue per year. Every business at that scale is doing something illegal somewhere. Not saying I agree with the state of things, but it seems businesses have decided occasional penalties for getting caught things illegal in jurisdictions that are capable of compelling them to pay the fine, are part of doing business.