fines and penalties

How Are Fines and Penalties Determined?

The amount and severity of fines and penalties are typically determined by several factors:
- Nature of the Violation: The type and seriousness of the offense play a crucial role.
- Extent of Harm: The impact on consumers, the environment, or the market is considered.
- Intent and Recurrence: Whether the violation was intentional and if the company is a repeat offender affects the penalty.
- Company Size and Financial Health: Larger companies or those with significant revenue may face higher fines to ensure the penalty is impactful.

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