How much money does meta even make from political ads? Why would they even want to deal with this?
Judge rules Facebook parent Meta intentionally violated campaign finance laws
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Re: Judge rules Facebook parent Meta intentionally violated campaign finance laws
#32Quoted post unavailable.
Re: Judge rules Facebook parent Meta intentionally violated campaign finance laws
#33Earlier quoted context omitted.
If they had to comply with local law in every area they operate it would be extremely complicated and expensive to manage. I think they fear the precedent not the dollars in this specific case. Edit: To be clear my opinion is that FB should be forced to comply, by federal action if necessary. That their business depends on not taking responsibility for the messages they choose to amplify is their problem and they sho…
> If they had to comply with local law in every area they operate ...then they would be on a level playing field with everybody else. The alternative ("we don't care for some of these laws in some places we operate, so we decline to follow them") is what is generally referred to as a criminal enterprise.
If a 1000 (or 10k, or whatever) businesses in aggregate have a similar market cap and revenue to them while also following the rules then I fail to see how a single company has a problem with that. If it does then maybe splitting it up will make things easier...
Re: Judge rules Facebook parent Meta intentionally violated campaign finance laws
#34Earlier quoted context omitted.
If they had to comply with local law in every area they operate it would be extremely complicated and expensive to manage. I think they fear the precedent not the dollars in this specific case. Edit: To be clear my opinion is that FB should be forced to comply, by federal action if necessary. That their business depends on not taking responsibility for the messages they choose to amplify is their problem and they sho…
"Compliance is hard" is not an excuse accepted anywhere. But just in case you actually believe this should be convincing, consider how many tax jurisdictions Facebook does business in. Do you think they just ignore all those local rules?
Re: Judge rules Facebook parent Meta intentionally violated campaign finance laws
#35This is about as blatant as it gets. They were sued in 2018, lost, and agreed to make changes. They changed nothing, got sued again in 2020, and have now lost again. They deserve the max penalty.
Re: Judge rules Facebook parent Meta intentionally violated campaign finance laws
#36How much money does meta even make from political ads? Why would they even want to deal with this?
I wonder if Meta ever ran its own political ads, without a specific candidate paying for them. That might be one reason to obscure the advertiser. (I mean, they _definitely_ did this with generic "get out and vote" advertising, but of course that's not overtly favoring one candidate or the other.)
Re: Judge rules Facebook parent Meta intentionally violated campaign finance laws
#37How much money does meta even make from political ads? Why would they even want to deal with this?
What really is the end game here? The whole point of money or power would be to use it to do something you care about? What use is money and power for the sake of itself? Why have it if all you want is more of it?
At least some rich people seem to want to do something with their riches and power. Which makes the rest of them even more of an enigma.
Re: Judge rules Facebook parent Meta intentionally violated campaign finance laws
#38Quoted post unavailable.
You're making two relatively-unrelated claims. One, that Facebook--a wildly profitable publicly-traded company--is run as a political machine. Two, that its employees bear moral culpability. The first claim is extraordinary. Is Facebook's leadership powerful? Of course. Do they have undue influence in the U.S.? Probably not. If anything, their government affairs unit is laughably incapable of keeping its client from…
To be honest I'm pretty sure they are perfectly ok being a political punching bag as long as that's where it ends and no-one does anything substantial to them... Sadly, I don't recall them really getting their teeth kicked in for anything they did wrong.
Re: Judge rules Facebook parent Meta intentionally violated campaign finance laws
#39Earlier quoted context omitted.
> With a fine per violation of $10,000 who cares? The AG identified 782 violations and requested treble damages [1]. That's $23mm right there, not including the state's legal costs (which are also trebled). [1] https://agportal-s3bucket.s3.amazonaws.com/174_StatesMSJ.PDF
To actually impact Facebook and spur positive change they'll need to impose a much higher penalty - perhaps this is out of the domain of what courts can reasonably enforce and we need the legislature to take action.
Re: Judge rules Facebook parent Meta intentionally violated campaign finance laws
#40Quoted post unavailable.