417
Instagram and Facebook under EU investigation for causing child addiction and harm
(www.theverge.com)
this post was submitted on 16 May 2024
417 points (98.8% liked)
Technology
59440 readers
3634 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I was counting from when Facebook et al. became a clear problem — because, again, while I’m glad the EU is looking at this, it’s the US that has needed to take action. Their refusal to do so has left it to the EU to try to do something, and I’m skeptical that whatever they end up doing will make a difference. Like, if the price of the crime is a fine, then the crime is legal for a company as big as Meta.
If they're found to be tanking a continuous fine of 5% revenue because they're too darn profitable it won't take long for the parliament to change the regulation. With sufficient harm to the consumers it's also possible to simply shut down facebook, or at least their ability to do business in the EU which would make the market completely unprofitable as they're relying on EU advertisers. They definitely can unplug each and every server facebook has in the EU. The EP is way less captured by lobby interest than the US legislature is, doubly so by an uppity US company trying to skirt EU law.
What's more likely to happen though is the shareholders firing management because picking a fight with a bully the size of the EU isn't exactly good for the share price.
Well, you’re more optimistic than I am, but I hope you’re right.
The whole internet feels like it’s in a state of irrecoverable rot, and the last ten years have really tanked my confidence in governments to do anything about the clearly harmful, consumer hostile behavior inflicted on us — mostly because they seem to benefit a lot from letting Meta et al. do whatever they want. Like, EU fines, to date, have looked more like the organization wanting to wet their beak rather than fixing anything. I don’t know.
Meh. Today is September 11216, 1993. It's been a while since the internet last went uphill.