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Two senators say a $5B fine isn’t enough to punish Facebook

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Re: Two senators say a $5B fine isn’t enough to punish Facebook

#3
>While the Republicans could push through a relatively lenient offer along partisan lines, doing so could come with heavy political costs for the agency, since it would expose them to attacks that the Republican majority is soft on misbehaving technology companies.

One thing that has changed recently in politics is that a significant portion of Republican base now considers Silicon Valley tech companies as foes. I would guess that there would actually be a lot of grassroots support for a massive fine on Facebook.

In the past, tech companies could assume that the Republican affinity for big business would shield them. Now that has gone.

Re: Two senators say a $5B fine isn’t enough to punish Facebook

#4

can governments force people to be fired? That might bring things closer to home.

Only if a criminal investigation turns up chargeable offenses, sure.

The government can't just tell Zuckerberg to pack up and go home, but felony charges are about the only way he can be forced out at this point.

Re: Two senators say a $5B fine isn’t enough to punish Facebook

#6

>While the Republicans could push through a relatively lenient offer along partisan lines, doing so could come with heavy political costs for the agency, since it would expose them to attacks that the Republican majority is soft on misbehaving technology companies. One thing that has changed recently in politics is that a significant portion of Republican base now considers Silicon Valley tech companies as foes. I wo…

>a significant portion of Republican base now considers Silicon Valley tech companies as foes

Which is hilarious, as Facebook at least is happy to take Russian money to aid Republicans. Silicon Valley is party-less, stateless. They serve only money, nothing else.

Re: Two senators say a $5B fine isn’t enough to punish Facebook

#7

>While the Republicans could push through a relatively lenient offer along partisan lines, doing so could come with heavy political costs for the agency, since it would expose them to attacks that the Republican majority is soft on misbehaving technology companies. One thing that has changed recently in politics is that a significant portion of Republican base now considers Silicon Valley tech companies as foes. I wo…

If you look at conservative opinion formers, like Tucker Carlson, they're talking about breaking up major firms and so on. I think the ideology that was pro-oligarchy died on both the left and right in 2008, and only the most diehard centrists are believers in it

Re: Two senators say a $5B fine isn’t enough to punish Facebook

#8

>While the Republicans could push through a relatively lenient offer along partisan lines, doing so could come with heavy political costs for the agency, since it would expose them to attacks that the Republican majority is soft on misbehaving technology companies. One thing that has changed recently in politics is that a significant portion of Republican base now considers Silicon Valley tech companies as foes. I wo…

If you look at conservative opinion formers, like Tucker Carlson, they're talking about breaking up major firms and so on. I think the ideology that was pro-oligarchy died on both the left and right in 2008, and only the most diehard centrists are believers in it

Really? That really surprises me given the free market arguments that he and others bring. Do you happen to have a specific example of him arguing this?

Re: Two senators say a $5B fine isn’t enough to punish Facebook

#9

Earlier quoted context omitted.

If you look at conservative opinion formers, like Tucker Carlson, they're talking about breaking up major firms and so on. I think the ideology that was pro-oligarchy died on both the left and right in 2008, and only the most diehard centrists are believers in it

Really? That really surprises me given the free market arguments that he and others bring. Do you happen to have a specific example of him arguing this?

> That really surprises me given the free market arguments that he and others bring.

Tucker Carlson holding inconsistent positions shouldn't be the slightest bit surprising.

https://dailycaller.com/2018/09/11/not-the-capitalism-i-sign...

> “So that’s the crux of it right there,” said Tucker. “You are hearing Google, or you have for the past ten years, Google, Facebook and a number of other companies defended on pro-market grounds,” Tucker said before making the point that a “monopoly changes the calculation completely.”

Re: Two senators say a $5B fine isn’t enough to punish Facebook

#10

can governments force people to be fired? That might bring things closer to home.

Only if a criminal investigation turns up chargeable offenses, sure. The government can't just tell Zuckerberg to pack up and go home, but felony charges are about the only way he can be forced out at this point.

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