When I said “maybe we should have a three-strikes law for corporations who are ‘recidivist felons’” a few weeks ago I was joking, but it looks like this is on track to become a reality :

A “three strikes” bill that would prohibit companies with multiple convictions from doing business in California was launched in the senate on Tuesday.

Sen. Gloria Romero (D-Los Angeles) said her plan would provide a new level of safety for the public from corporate crimes in the same way that the state’s three-strikes law makes citizens safer from other types of criminals.

Democrats on the senate Judiciary Committee agreed. On a 5-2 vote over Republican opposition, they sent the bill (SB 335) to the full senate, where its passage is expected.
…
Revoking a company’s ability to do business in the nation’s most populous state would be a powerful deterrent against breaking the law. “Most people in California understand the phrase ‘three strikes.’ Why should white-collar crimes be enforced less seriously?” she said.

Call me a pessimist, but I doubt this will ever go anywhere. It’s hard enough to get a corporation convicted of one crime, much less three. Considering the economic complications that would result if a huge corporation was ever forced out of business, I have a hard time seeing this being enforced for the big companies that deserve this the most.