In 2007, Canada started requiring all vehicles to have a cheap, effective anti-theft device. The U.S. didn’t. Now, it is paying the price with a surge in Kia and Hyundai thefts.

  • Pons_Aelius@kbin.social
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    1 year ago

    A company has only one legal responsibility: To generate as much profit for their shareholders as possible.

    If they are not forced to do something that will add costs, they will not do it.

    The role of government is to pass laws to force companies to do what is in the best interest of the country’s citizens.

    • Bluskale@kbin.social
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      1 year ago

      To generate as much profit for their shareholders as possible.

      Even that is not really their legal responsibility… if you’re thinking of their fiduciary duty, that means there is a responsibility to act in the best interests of the corporation & shareholders (rather than, eg, putting personal gain forefront). “Best interests” doesn’t necessarily mean “make the most money possible right now”, particularly if it can be argued that there would be long term damage to brand reputation etc by doing so.