"Fines can backfire. If fines are not consistent, immediate, and severe, they can backfire. If they do, bad behaviour may increase."
"For some companies, 'illegal with a fine' is interpreted as 'legal for a price'. So what are some other, more effective methods to encourage good corporate behaviour?"
"Corporate fines often fail because it may be unclear who in the company is directly responsible. Fines can also sometimes be too small to stop bad behaviour by large companies."
"A 2000 study examined the effect of childcare centres in Israel introducing fines for parents who regularly picked their children up late. But instead, these fines actually increased late pick-ups by parents."
Countries are looking to implement social media bans for children, similar to Australia's approach, and are considering fines as a means of enforcement. Recent fines imposed on companies like Reddit, Apple, Meta, and Google highlight the trend of regulating big tech. However, fines may not always encourage compliance, as companies might view them as a cost of doing business. Inconsistent or minor fines can lead to increased violations, as seen in a study of childcare centers in Israel, where fines for late pick-ups resulted in more late arrivals.
Read at The Conversation
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