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Companies continue to violate consumer protection laws because they weigh the profitability of their actions against the cost of paying out legal settlements.
“companies are going to do it until the cost of violating the law exceeds the money that they're making for example the average warranty company will make about 5 million a year in telephone calls wow so if they have to pay out 500 000 in violations they don't love it but they do it”
The Iced Coffee Hour · Apr 2021 · 1 episode · 54K views on this topicExtracted by a model; may misattribute who said what.