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> They are too big to fail but they aren’t too big to have to pay out a huge settlement. Facebook [...] I think it's pretty clear from history that they are to
by palata 11mo ago
> They are too big to fail but they aren’t too big to have to pay out a huge settlement. Facebook [...]
I think it's pretty clear from history that they are too big to have to pay out a huge settlement.
First, they never had to. There was never a "huge" settlement, nothing that actually did hurt.
Second, the US don't do any kind of antitrust, and if a government outside the US tries to fine a US TooBigTech, the US will bully that government (or group of governments) until they give up.
- codersfocus 11mo agoAnthropic had to pay $1.5 billion recently so you're incorrect. I'm sure more of such cases will come up against big tech too.
- palata 11mo agoIt's obviously more profitable to pay the fine than to not do the illegal thing in the first place, so I am correct.