Technology

58135 readers

4194 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

647

Amazon execs destroyed years of evidence before FTC action, agency says (www.seattletimes.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

50 comments fedilink hide all child comments

Amazon execs destroyed years of evidence before FTC action, agency says::Amazon allegedly destroyed communications, turned controversial programs on and off, and knowingly raised prices for consumers, according to unsealed documents.

you are viewing a single comment's thread
view the rest of the comments

[–] ChihuahuaOfDoom@lemmy.world 64 points 10 months ago (2 children)

Corporate death penalty should be on the table for stuff like this.

[–] wooki@lemmynsfw.com 4 points 10 months ago (1 children)

Scandalist communism!

[–] uis@lemmy.world 2 points 10 months ago (1 children)

Didn't expect US to be communist country.

[–] funkless_eck@sh.itjust.works 0 points 10 months ago

it is the natural recourse of capitalism to create an enemy. that's what competition is.

[+] Appoxo@lemmy.dbzer0.com -23 points 10 months ago (3 children)

This would create a big strain on the job market. Good luck dealing with a flood of >50k employees looking for a job (vs a new employee fresh out of college)

[–] Skies5394@lemmy.ml 19 points 10 months ago

That’s not how this works at all.

There are plenty of ways to deal with this, and issue a death penalty to the corporation while not punishing the workers:

Forced turnover of executives and board members (with jail time and high % fines), corporate watchdog for x amount of years
Dissolve the mega-corp into smaller corporations, and/or force all subsidiaries into a planned disengagement from parent company
Bail-out in the form of state ownership by government buying majority stake

In any of the above, or even in a complete mega-corp dissolution the demand doesn’t disappear. If you want to have the argument that these “oh so wonderful stewards of business” are the reason people have jobs in the first place, you can’t ignore that demand is the reason those very same executives have jobs too.

If they tear it down, someone will build something else to replace it.

[–] kender242@lemmy.world 4 points 10 months ago (1 children)

https://youtu.be/5_-Ac68FKG4

What eating the Rich Did for Japan

[–] PipedLinkBot@feddit.rocks 1 points 10 months ago

Here is an alternative Piped link(s):

https://piped.video/5_-Ac68FKG4

Piped is a privacy-respecting open-source alternative frontend to YouTube.

I'm open-source; check me out at GitHub.

[–] jwagner7813@lemmy.world 1 points 10 months ago

Something would eventually take their place. The strain would be temporary.