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From: https://ec.europa.eu/commission/presscorner/detail/en/ip_21_2848 https://ec.europa.eu/commission/presscorner/detail/en/ip_21_... > We will look in detail
by mrweasel 5y ago
From: https://ec.europa.eu/commission/presscorner/detail/en/ip_21_2848 https://ec.europa.eu/commission/presscorner/detail/en/ip_21_...
> We will look in detail at whether this data gives Facebook an undue competitive advantage
Isn't that a lose/lose for Facebook? Either the answer is "Yes" and they'll be fined or it's "No" which makes advertisers question whether or not they could get the same product cheaper elsewhere.
- indy 5y agoAdvertisers will be aware that Facebook will argue "No" when the reality is "Yes"
- asdfasgasdgasdg 5y agoAnother alternative would be that Facebook will acknowledge that it gives them an advantage, but argue that that advantage is not undue. I would assume that whenever a firm does a thing, it is because that thing is advantageous or else reduces some disadvantage. That is as it should be. The trouble is when the advantages stack up to create monopoly power and/or run afoul of consumer or industry protection laws.
- DaiPlusPlus 5y agoI’m disappointed that governments’ ability to reign-in misbehaving companies is predicated on them having a de-jure monopoly, as though its like magic enchantment: “naa-naa! You can’t touch me! I’m not declared a monopoly!”. I don’t see monopolies themselves as being particularly special, I think laws to restrain the holders of captive-audiences in general would be more useful and serve the public good.