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Good for you America. Its usually the UE pursuing this kind of corporate bullshit, but i must admit is good to see a case where the fine equals the full amount of revenue scammed. It should be twice, or x10 times more if u ask, and even jail time for those responsible because that still feels too cheap for playing with people lives and fear, but its something.

Who would have tought we only needed a global pandemic and thousands of deaths to start getting (some) our shit together

Shoutout to Naomi Wu for going after them hard over this back during the height of the pandemic. Let's not forget about her and the fact that she's been muzzled by China.

if only wall street fines from the SEC were like this...

So many piss-poor masks were sold during the pandemic.

Poundland still have them for sale, and they're marketed as "fashion masks" to avoid any legal trouble.

110% seems like it could be a middle ground between actually nuking the company into the ground vs. impose to little of a fine.

They're forced to give every cent back (hopefully that can find its way into actual customers hands instead of the government pissing it away) plus lose an additional 10% of whatever they made that is now a loss on the company financials. Shareholders wouldn't like a loss on their spreadsheets and quickly fire whoever was in charge or sell. It's bad for the business, the stock market, and the economy.

It would quickly train the stock market to deter that kind of behaviour. But we need politicians who are not bought by these companies to be able to pose these strong fines across the board.

10% loss on something on the scale of the likes of what someone like Apple or cough Tesla cough brings in on products would add up very, very quickly. More money back into people's products going back into the economy in the form of more spending anyway, which is good, and more tax revenue that the government might one day learn how to spend efficiently and dilligantly, since the government would keep the 10% loss, I'm sure getting that 110% out of the company takes work, time, and spending anyway.

Capitalism only works with extremely tight regulation. And humans can corrupt that regulation very quickly.

the proposed settlement against Razer includes a $100,000 civil penalty, plus $1,071,254.33, which the FTC said is equal to the amount of revenue Razer made from the Zephyr

Cool, next do Exxon, OxyContin, Marlboro...

Well, now I want one.

Definitely had that on my bingo card.

I could potentially see a market for these for shy streamers if they put a mic inside so you could use it while you game.

Otherwise, why?