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How does the EU solution make user's whole? At least with class actions, users get to see a few pennies. I'm not trying to make an argument against strong reg
by uncletammy 1y ago
How does the EU solution make user's whole? At least with class actions, users get to see a few pennies.
I'm not trying to make an argument against strong regulatory bodies. We need those for sure. It would just be nice if the users were compensated for the exploitation and abuse they're subjected to.
- devmor 1y agoThe US solution does not make users whole and does not meaningfully change anything. The EU solution meaningfully changes the offending company's behavior. I would rather have significantly less breaches of my information than a check for $6 in the mail every couple months.
- Chiron1991 1y ago> The EU solution meaningfully changes the offending company's behavior. Citation needed. I'd imagine they just add a tiny markup to their prices to pay the eventual fine instead of investing huge amounts of money into fixing their broken processes. Comparing the list of EU-issued fines against the respective companies' profits shows that they can simply afford to make those mistakes instead of preventing them.
- lone-commenter 1y ago> they just add a tiny markup to their prices to pay the eventual fine instead Ironically, this counter-argument applies perfectly to the "US solution". On the contrary, EU's huge fines have a better chance of being effective.
- theshrike79 1y agoStock holders generally frown upon multi-billion euro fines and may want a change in management.
- disgruntledphd2 1y agoAnd it's probably securities fraud ;)
- rubitxxx9 1y agoThe EU solution provides incentive for the government to attack large businesses with lawsuits. That’s predatory and will lead to large businesses trying to lobby the EU to go after their competitors. That just seems dysfunctional.
- newZWhoDis 1y ago>The EU solution meaningfully changes the offending company's behavior How are those cookie consent popups working out?
- devmor 1y agoIt is a meaningful change, or you wouldn’t be talking about it. Meaningful does not mean a solution.
- greycol 1y agoGreat, they meant better acting corporations have no click or single click (dismiss-able with simple add-ons to proactively affirm the user's position) ribbons to get get rid of unwanted cookies. Let's be realistic anyone who hates those banners and hasn't bothered to do the google search and 5 minute task to get rid of them permanently (either enabling or disabling consent) is not having their political opinion changed by them, they are using them as an excuse to buttress their position of government bad or corporations malicious.