News for hackers. Stuff that matters.

A comment on "Are US companies legally obligated to maximize profits for shareholders?". Parent comment

Re:"Are US companies legally obligated to maximize profits f... by astrange on Friday February 17, 2023 @12:15PM (#34837408)
> Because Tesla knows that it'll take years for all the hearings to work their way through the courts, and the result will be a fine, which they can appeal, and delay further.

I do not believe this is how NLRB enforcement works.

Though if the US had sectoral bargaining like other countries it just wouldn't be an issue in the first place.

[ Parent | on HN ]
Re:"Are US companies legally obligated to maximize profits f... by ceejayoz on Friday February 17, 2023 @12:30PM (#34837595)
It's exactly how NLRB enforcement works. Company retalliation is immediate; the consequences tend to be small and long to arrive. The company gets years worth of intimidation out of the action, followed by a slap on the wrist much later.
[ Parent | on HN ]