A number intended to be punitive, yes.
What is your framework for believing that number to be ridiculous? Do you know how such numbers are decided?
What is your framework for believing that number to be ridiculous? Do you know how such numbers are decided?
Once that was decided, such damages don't scale by damage done; they scale by a figure that would inconvenience the company so as to discourage such flouting of their legally-mandated corporate responsibility in the future.