4 ms·
Severe fines starting with 25% of gross and making them pay for mandatory audits, coupled with jail for executives would mitigate this.
by literallyaduck 5y ago
Severe fines starting with 25% of gross and making them pay for mandatory audits, coupled with jail for executives would mitigate this.
- DrBenCarson 5y agoHow much of FB revenue flows through the App Store though? Are you suggesting the US government would levy a fine?
- literallyaduck 5y agoUsers indicated they didn't want to be tracked. Wiretapping, and other stalking laws can be used for this, it isn't Facebook's first brush with the law so the fines should reflect that.
- malermeister 5y agoAt the very least this is a direct violation of the GDPR in Europe, which could be fined with up to 4% of the annual global turnover.
- arrozconcosas 5y agoJail for executives haha. Has this ever happened for anything?
- toomuchtodo 5y agoChina. Lots to take issue with, but when they want policy followed, they back it with force (Jack Ma, delisting Didi, forcing Evergrandes’ founder to liquidate his wealth to make at risk stakeholders on shore whole).
- dfxm12 5y agoEnron. I guess the SEC takes things more seriously than, well, I'm not totally sure what government agency is responsible for protecting their constituency's private data...
- vmception 5y agoIt's a prisoner's dilemma. Regulators have been made scared of the concept of having a part in making a different monopoly if they cripple the existing near monopolistic companies.
- vanilla_nut 5y agoWho cares? They can just topple them again, every time one company grows too powerful. Just like mowing my lawn: I don’t complain that if I mow the grass, it’ll come back. I just mow it every time it grows too high. It’s all part of the churn, and the government has abdicated their role of monopoly lawnmower.