EPIC to pay record breaking fine of over $500 million dollars

[Brian9824]

https://techcrunch.com/2022/12/19/ftc-fines-fortnite-maker-epic-games-520m-over-childrens-privacy-charges/

I'd calculate how many years worth of income that is for the EPIC store but it would come out to infinity atm as they've never had a positive income yet. So all I can say is DAMN thats a big fine.

[Fake]

A fine of $500,000,000?
What is this, FINES FOR ANTS!?

[kilésengati]

https://www.theverge.com/2021/5/3/22417447/fortnite-revenue-9-billion-epic-games-apple-antitrust-case

Yeah, sure, half a billion will surely hurt their business in exploiting children.

Meanwhile, a single bloke is ordered to pay a billion and more without due process just because he's an arse,

They should've fined both Epic Games and Sweeney at least ten times their entire net worth.

[L1qu1dator]

Publicado originalmente por kilésengati:

https://www.theverge.com/2021/5/3/22417447/fortnite-revenue-9-billion-epic-games-apple-antitrust-case

Yeah, sure, half a billion will surely hurt their business in exploiting children.

Meanwhile, a single bloke is ordered to pay a billion and more without due process just because he's an arse,

They should've fined both Epic Games and Sweeney at least ten times their entire net worth.

Yup it's funny that Alex Jones was fined a sum he'll never be able to pay and this huge company was fined with chump change.

[Devsman]

Welp

Looks like we're not getting Kingdom Hearts free this year.

[tyl0413]

Not anywhere near enough and everyone else who does the same exploitative and privacy invasive tactics needs to be heavily fined as well.

[kilésengati]

Publicado originalmente por tyl0413:

Not anywhere near enough and everyone else who does the same exploitative and privacy invasive tactics needs to be heavily fined as well.

Let's eat the data kraken!!

[Tiberius]

 In addition to making it too easy for children to make online purchases, the FTC also took issue with Epic’s live text and voice communication features, which were set to be turned on by default. The FTC claims that children were exposed to harassment and abuse because of these features, especially since Epic had no way of making sure that children and adults would not be matched together in online play. According to the FTC’s press release, children have been exposed to bullying, threats, harassment and “psychologically traumatizing issues such as suicide” while playing the game. 

So pretty much every online fps game out there 🤐

[tyl0413]

Publicado originalmente por Tiberius:

 In addition to making it too easy for children to make online purchases, the FTC also took issue with Epic’s live text and voice communication features, which were set to be turned on by default. The FTC claims that children were exposed to harassment and abuse because of these features, especially since Epic had no way of making sure that children and adults would not be matched together in online play. According to the FTC’s press release, children have been exposed to bullying, threats, harassment and “psychologically traumatizing issues such as suicide” while playing the game. 

So pretty much every online fps game out there 🤐

Yeah that part is bs, just parent your kids maybe?

[kilésengati]

Publicado originalmente por tyl0413:

Publicado originalmente por Tiberius:

 In addition to making it too easy for children to make online purchases, the FTC also took issue with Epic’s live text and voice communication features, which were set to be turned on by default. The FTC claims that children were exposed to harassment and abuse because of these features, especially since Epic had no way of making sure that children and adults would not be matched together in online play. According to the FTC’s press release, children have been exposed to bullying, threats, harassment and “psychologically traumatizing issues such as suicide” while playing the game. 

So pretty much every online fps game out there 🤐

Yeah that part is bs, just parent your kids maybe?

Exactly, it even has splitscreen on consoles (why do PC versions almost never receive one?), so there's no excuse to not play the game together with your child and supervise it.

[Birds]

I think ArmaLite’s illegal arms sales in Egypt were fined like $350M for a $2B deal.

So historically this is actually a pretty hefty fine!

[tyl0413]

Publicado originalmente por Bird:

I think ArmaLite’s illegal arms sales in Egypt were fined like $350M for a $2B deal.

So historically this is actually a pretty hefty fine!

How many tens of billions are they making a year? 500M ain't nothing to them.

[Birds]

Publicado originalmente por tyl0413:

Publicado originalmente por Bird:

I think ArmaLite’s illegal arms sales in Egypt were fined like $350M for a $2B deal.

So historically this is actually a pretty hefty fine!

How many tens of billions are they making a year? 500M ain't nothing to them.

Yes, I was being sarcastic.

Generally speaking illegal activity is fined at <10% of the profit made, making it enormously profitable to simply break the law for most large companies. They’ll make more than they’re fined.

But, this is a rather large payout in the scope of meager fines.

[Irene ❤]

Love their choice of words.

We accepted this agreement because we want Epic to be at the forefront of consumer protection and provide the best experience for our players

Err no.. you were fined? You did not accept any agreement, you were fined. Because of bad consumer protection. You were at the forefront of bad consumer protection.

design tricks, known as dark patterns, to dupe millions of players into making unintentional purchases

Surprise mechanics has become Đ₳Ɽ₭ ₱₳₮₮ɆⱤ₦

[kilésengati]

Publicado originalmente por Bird:

Publicado originalmente por tyl0413:

How many tens of billions are they making a year? 500M ain't nothing to them.

Yes, I was being sarcastic.

Generally speaking illegal activity is fined at <10% of the profit made, making it enormously profitable to simply break the law for most large companies. They’ll make more than they’re fined.

But, this is a rather large payout in the scope of meager fines.

Only when you are a large corporation.
If some family-owned and -run corner store has somehow made a minor mistake on its tax returns, you can bet the newly hired 87k IRS agents make themselves useful by auditing the place into oblivion, making sure to disrupt business until it has to shut down - and that's only one of many agencies.

[Devsman]

Publicado originalmente por kilésengati:

Publicado originalmente por Bird:

Yes, I was being sarcastic.

Generally speaking illegal activity is fined at <10% of the profit made, making it enormously profitable to simply break the law for most large companies. They’ll make more than they’re fined.

But, this is a rather large payout in the scope of meager fines.

Only when you are a large corporation.
If some family-owned and -run corner store has somehow made a minor mistake on its tax returns, you can bet the newly hired 87k IRS agents make themselves useful by auditing the place into oblivion, making sure to disrupt business until it has to shut down - and that's only one of many agencies.

*shrugs*

When you've been around for a while, stuff like this just gets mentally filed under "sucks but that's how it is."

Like in 2008, General Motors ran themselves out of business by sucking, so the US Government gave them $33 Billion of competent people's money, only for them to turn around and kill 124 of the people whose money the US government gave them by being cheapasses, leading up to the 2014 GM small cars recall, which, instead of landing these people in jail like it should have, resulted in--you guessed it--$500M in fines, which they made back in under a day.

No, really, this all actually happened.