alt Hacker NewsThere is no legal basis for this for taking the salaries of everyone who worked at the company in any level of management at any time.
No large undertaking could ever function with such broad exposure to liability, anyways.
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Then such businesses should not exist. What right do they have to gamble with the wealth of 150 million people unrelated to their enterprise?
All the better, I've long suspected that these companies are collecting this data and selling some portion of it. Having this category of business entirely disappear sounds like a solid win to me.
I see no problem with a rule that effectively says no company can exist if it holds such detailed records on millions of people.
Restitution is the legal basis, let's not act like the rich don't force the poor to pay for their civil violations. What it sounds like is the rich don't like it when the law is applied fairly to them too.
That's right: no legal basis exists now. The proposal is to create such legal basis.
And if "No large undertaking could ever function with such broad exposure to liability" - that would be great, i think we would prefer that such firms doesn't exists.