The point of fines is to correct bad behavior, not to bankrupt businesses which create jobs.

At some point if they don't follow the law, you actually do want to dismantle them (perhaps by bankrupting via fines). Jobs where the function is to make society worse and perform illegal actions are not actually desirable. It completely makes sense to eliminate those jobs, and possibly jail the people who created them and the people who worked them.

Like if you're building gambling systems for 7 year olds then yes I think you should lose your job and then some. You the programmer, your product manager, your people manager, all the way up the chain. Everyone who participated should be individually accountable.

6% is the cost of sales tax in some places. That is not considered any kind of correction to bad behavior - it's literally the cost of buying goods in a variety of places.

I'd strongly argue that 6% will not correct bad behavior.

What corrects bad behavior? The threat of serious consequences to a business.

Slaps on the wrist haven't effected meaningful change in the last several decades so at this point yeah, the penalties for breaking the law should be just as disastrous and life altering for a big company as it is for you and me.

6% of sales is just “cost of doing business”.

Sometimes it’s more profitable to eat the fine than change your behaviour.