If you're a big company and the penalty is only a fine... there is not much need to be absolutely sure you don't break the law. It is just another risk, like the risk of a data center catching on fire, that is to be managed, not avoided at all costs. Law for you and me means someone might go to jail and that's worth avoiding all costs, but for a company it just means spending more money or receiving less.
Cases are also more unique. People get murdered "routinely" so everyone has figured out the clear lines. Antitrust doesn't happen as often and each case is unique.
Are you hoping for a world where corporations can find loopholes and it's impossible to punish them for exploiting the loopholes because we can only execute the law strictly like a computer program? Even ethereum smart contracts can be overturned - it happened once.
No I'd actually rather see the opposite. If we really think its imperative that the government defines corporate laws then I'd want to see companies and those making decisions held legally liable.
Corporate law as it stands today is more of a game of accounting, trying to figure out what laws you break and how you make more profit from it then you may lose in court. Is it really so important that our governments define these laws only to chase companies for legal cases that either amount to nothing or a fraction of the profits gained? Would we be better off either not having the laws at all, or by enforcing those laws with criminal penalty to those people shown to have knowingly made decisions to break the law?
> Would we be better off either not having the laws at all, or by enforcing those laws with criminal penalty to those people shown to have knowingly made decisions to break the law?
Yes to this part though. We shouldn't be writing laws enforcible in perpetuity when we can't even define what the law covers. How are citizens meant to stay on the right side of the law when the laws are purposely gray get still punishable after clarifying the details later?
Cases are also more unique. People get murdered "routinely" so everyone has figured out the clear lines. Antitrust doesn't happen as often and each case is unique.
Are you hoping for a world where corporations can find loopholes and it's impossible to punish them for exploiting the loopholes because we can only execute the law strictly like a computer program? Even ethereum smart contracts can be overturned - it happened once.