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The problem being solved here is not "punish Facebook" but "make the tech oligopoly take the FTC seriously." The fine has to bite to achieve that goal.
by idlewords 8y ago
The problem being solved here is not "punish Facebook" but "make the tech oligopoly take the FTC seriously." The fine has to bite to achieve that goal.
- tptacek 8y agoI don't disagree even a little bit. My position is that this fine is of a scale that has teeth at virtually every company in America. I remain frustrated, however, that people generally believe that an existential fine is called for, since the underlying conduct was not itself existential to Facebook. If we passed a law outlawing targeted advertisement driven by behavior tracking, and Facebook ignored that law, a $20B fine would be reasonable to me. And I'd be OK with that law!
- arthur_pryor 8y ago> If we passed a law outlawing targeted advertisement driven by behavior tracking, and Facebook ignored that law, a $20B fine would be reasonable to me. And I'd be OK with that law! i think i would really like that law.