this post was submitted on 22 Aug 2023
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can literally be sued if they don't put profits above all else. it's insane.
edit: fact check says, misleading, see source below
That's not quite true: https://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-have-to-maximize-profits
Thanks for the clarification.
The last sentence of the article however, shows why that's not much of a consolation:
cheerfully withdrawn, thank you for the information