Why are corporate fines for shady or illegal business practices so often less than the amount they made by doing those illegal practices? At that point, don’t the fines just become a cost of doing business?
Specifically thinking about Perdue Pharma. PBS article says they made $35billion pushing opioids, but the current court case is only seeking $6billion on fines. Ignoring the Sackler’s immunity request, this is still a net win.
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Opioids aren’t illegal, and prescriptions involved more than just the pharma company.
Is $35B revenue or profit?
Depending how those numbers line up $6B could more than wipe out the illicit gains or not.
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