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> "We've been clear about our support for consistent privacy rules around the globe. For example, we have been calling on Congress to pass federal privacy legis
by kwertyoowiyop 5y ago
> "We've been clear about our support for consistent privacy rules around the globe. For example, we have been calling on Congress to pass federal privacy legislation for years."
Ah, the ol’ “Congress oughta do sumthin’” move! Facebook just used this one in their response to Haugen. It’s a classic, like fine wine.
- aspenmayer 5y agoMegacorps clamor for more regulatory capture because they have the means to lobby to ensure legislation is crafted to hurt them less than it benefits competitors, and they will have advance knowledge of impending regulatory changes so that they can price in anything on the horizon today before that ship sails tomorrow. Of course they want more regulation. It gives Congress an ephemeral “win” while advancing megacorp interests at every other counter-party’s expense. Capitalism is the crisis. Advertising is just one expression of said crisis.
- kwertyoowiyop 5y agoAgreed! Same reason, for instance, that big oil companies love mandated additional costs for gas stations, such as replacing underground tanks more often: It drives out the little guys.