Yes the fines are not high enough. IMHO there should be two payments: a return of all earnings which are related to the violation PLUS a hefty fine and/or jail for the executives

That’s the only way it isn’t cost efficient for the big companies to ignore the laws. Also, make sure the fines are actually paid in full and in a reasonable amount of time

Probably something to do with the MTBF (Mean Time Between Failure) based on that you can calculate how long your stuff lasts and how you should schedule repairs, or in that case, how long you can provide warranty. I’d be intetested in the numbers for the jump from 8 -> 15, too