this post was submitted on 10 Oct 2024
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248
Bankruptcy Took Down the Redbox Machine. If Only Someone Could Take Them Away. (www.msn.com)
submitted 1 month ago by [email protected] to c/[email protected]
49 comments fedilink hide all child comments
 

They’re not just taking up store space. Retailers say the machines interfere with remodeling plans and expose them to potential safety hazards and liabilities. Some kiosks are hardwired into stores’ electrical systems. Outdoor machines are bolted into the concrete foundations and contain a coolant that is supposed to be disposed of in an environmentally safe manner

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[–] [email protected] 37 points 1 month ago (3 children)

We call those externalities, the taxpayers will handle them if we ignore them long enough that they become a crisis

[–] [email protected] 3 points 1 month ago* (last edited 1 month ago)

The Redbox Crisis

[–] [email protected] 17 points 1 month ago* (last edited 1 month ago)

This should have been settled in bankruptcy court as part of business wind down before anyone got a penny of assets divided proceeds. When it's not then another legal battle is required to get the company to do what it should have. Such a waste of time and needless burden for society. Unfortunately, regulatory capture and representative funding capture is almost total so no laws will be passed to change it.

[–] [email protected] 1 points 1 month ago

Someone went to business school