this post was submitted on 03 Oct 2023
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Meta wants to charge EU users $14 a month if they don't agree to personalized ads on Facebook and Instagram (www.businessinsider.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Meta wants to charge EU users $14 a month if they don't agree to personalized ads on Facebook and Instagram::Meta is considering offering ad-free versions of Facebook and Instagram for $14 a month – but only in Europe.

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[–] Flambo@lemmy.world 3 points 1 year ago (1 children)

It’s just that, living in that moment, it appears that these companies are so unbelievably large and powerful that they could never be unseated

It's also that the U.S. has shown repeatedly that it'll prop up companies with ongoing subsidies, or even bail them out as in the 2008 crisis.

[–] JasSmith@sh.itjust.works 1 points 1 year ago

I have to concur with the concern. It's not a free market if we don't let bad businesses fail. What's that saying? Privatised profits and socialised losses? Less of that please.