> while a corporation is easy to fine, it's hard to put in prison...

It would be interesting if there were some tangible way to prevent the company from performing operations for some period of time.

I don't think this is viable or even necessarily a good idea, but the concept that "Meta illegally collected user data in this way" means they cannot operate for 5 years. It would probably involve large deconstruction of megacorps into "independent" entities so when one does something bad, it only affects a small portion of the overall business. Almost introducing a concept of "families" to the corporate world.

But the rabbit hole is odd. Should (share)holders be complicit too, as they are partial owners? I think not.

Corporate entities and laws governing them are definitely weird.