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> The FTCs fine on Facebook from a few years ago exceeds the combined value of all GDPR fines levied to date.

This isn't anywhere near as significant a point as you think.



The fun thing about hacker news is that for all you know I may be directly involved in these issues and speak from direct first-hand, but highly confidential, knowledge.

Or I’m just some moron, posting opinions with absolutely no basis in fact.

Only I can be sure!


And yet either way it still would not, IMO, be as significant a point as you think.


Ah, but you are be very wrong.


Given that we have to take you on your merits as an entirely anonymous source, I think they're actually very right.


I am assuming that the parent poster worked in Google’s ad tech or analytics unit. Perhaps another FAANG. Perhaps Facebook.

Still: that doesn’t make the assertion about the size of Facebook’s FTC settlement and all GDPR settlements as significant as they think, for a bunch of important reasons that start to be obvious once you break it down.

The parent poster could be posting from a FAANG C suite, and it wouldn’t change that it’s an apples and oranges comparison.




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