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That is a good point. We're getting closer to fines that actually hurt the companies enough not to do it again. Not there yet, but closer. The frustrating par
by antjanus 6y ago
That is a good point. We're getting closer to fines that actually hurt the companies enough not to do it again.
Not there yet, but closer.
The frustrating part is that they kept doing it even after they said they wouldn't. And FB amassed a sizeable revenue breaking a law while snuffing out competition, growing bigger, and reaping the benefits whilst still paying a fine that was essentially "worth it".
I heard in a podcast the idea how the next "Facebook" can't do what FB did to grow -- because all that stuff is now regulated, closely watched, and fined.