Live data from Hacker News

Meta Fined $843M by EU over Marketplace Ads

wsj.com

131–140 of 142 posts

Re: Meta Fined $843M by EU over Marketplace Ads

#131

Earlier quoted context omitted.

This is politics. The US act exactly the same way against EU companies: https://www.pharmavoice.com/news/ftc-request-novo-catalent-d...

That's kind of my point. This isn't "consumer protection", it's a shakedown of a US company by the EU. I think that the incoming US administration will seek to play politics more aggressively than the current admin.

Shakedown? It's the fucking law, either these companies follow it if they want to do business or they get punished.

I understand that the US justice system has a very porous concept of who has to follow the law or not but that's not how it should work.

Re: Meta Fined $843M by EU over Marketplace Ads

#132

Earlier quoted context omitted.

You are completely right - whenever you sidestep free market principles a nation can get ahead. Just like China constantly do it. This works until it doesn't anymore.

How is overregulation a "free market principle?"

Define what you mean by overregulation first, it's the second time you use this term here and it's more a judgment of value than any meaningful term.

Re: Meta Fined $843M by EU over Marketplace Ads

#133
post #121
post #93

Earlier quoted context omitted.

> This is almost certainly untrue. But if it gives you a piece of mind, so be it. If it is untrue, they'll get slapped in the face with another multi-billion dollar fine, and have to remove the offending models. > Have you ever done this? Yes, I do this regularly for backups, and have asked for sketchy orgs I've had to use to delete my data. > I don't need anyone telling me what types of devices to buy. I prefer comp…

> Do you also prefer competition and to make up your own mind about unsanitary food? Unsafe cars? Unsafe airliners and airlines? Where would you draw the line of what is acceptable role of the state? Cables. I draw the line at cables. I think its a reasonable line to draw.

Which part of cables? Having standards to ensure cables don't melt and catch fire is a good thing too. Having a common set of port standards to ensure they're reliable, reusable, etc. is also good.

Re: Meta Fined $843M by EU over Marketplace Ads

#134
post #130

Earlier quoted context omitted.

You realize Europeans can't just "move to the US"? Like you have to get a work visa or green card which can be extremely difficult. There are a ton of Europeans who would love to move to the US and can't. Are you trying to suggest Europeans shouldn't complain about the EU? Because that seems... backwards.

> Are you trying to suggest Europeans shouldn't complain about the EU? Because that seems... backwards. I don't think anyone said that, EU citizens complain about the EU all the time. But complaining that the EU should be molded on the shape of the US is... Backwards.

> I don't think anyone said that

When people say "well then leave" it means "stop complaining". So of course that's what was said.

> But complaining that the EU should be molded on the shape of the US is... Backwards.

No. What's really backwards is your jingoism here. That's entirely uncalled for. Countries aren't sports teams. Trying to argue that either the EU or the US is more "backwards" than the other is an idiotic conversation to have. So please take your backwards attitudes elsewhere -- this isn't the place for them.

Re: Meta Fined $843M by EU over Marketplace Ads

#135

Earlier quoted context omitted.

I do live in the EU. 1) cookie banners are because tech giants are giants c-nts that will do anything to drive their point (and they are breaking the law because "reject" is usually hidden); though the UE should push to have it as a browser setting and voila - not nagging 2) there was a push for Google, as a monopolist, to offer option to use different map services but becase it's typical for the bully to abuse it's…

This is a ridiculous take. Of course Google should be allowed to link to Google Maps from their homepage and search. I have never seen this level of adoration for ridiculous overregulation. This is the reason the EU has stagnated and will continue to stagnate indefinitely. There is simply no culture of getting shit done, it's all about hand wringing.

And then google should be allowed to link everything to itself until it collapse...

Has muricans not learned from AT&T merger and split? Why there is soooo muuuuch idolation of (broken unregulated) pseudo-free market?

Re: Meta Fined $843M by EU over Marketplace Ads

#136

Earlier quoted context omitted.

Well... it's because HN community is only driven by VC money and disruptors and have absolutely no morals - just to abuse whatever the heck is possible to abuse so any notion of trying to regulate the "wild wild west" is to them like a total abuse... it's cute and amusing :)

Overregulation ≠ morals

lack of regulation ≠ morals :shrug:

Re: Meta Fined $843M by EU over Marketplace Ads

#137

Earlier quoted context omitted.

This is a ridiculous take. Of course Google should be allowed to link to Google Maps from their homepage and search. I have never seen this level of adoration for ridiculous overregulation. This is the reason the EU has stagnated and will continue to stagnate indefinitely. There is simply no culture of getting shit done, it's all about hand wringing.

And then google should be allowed to link everything to itself until it collapse... Has muricans not learned from AT&T merger and split? Why there is soooo muuuuch idolation of (broken unregulated) pseudo-free market?

Americans have learned a lot more from having a flourishing tech industry than the EU has, which has stagnated for 20+ years and has missed out on the mobile revolution and will miss the AI revolution.

Our model works to create actual progress. Your model results in nothing but a rent-seeking regulatory industrial complex. The EU can only miss so many industrial revolutions before it fades into total irrelevancy over time. There is a reason your share of global GDP is declining rapidly vs the US.

Re: Meta Fined $843M by EU over Marketplace Ads

#138
post #130

Earlier quoted context omitted.

> Are you trying to suggest Europeans shouldn't complain about the EU? Because that seems... backwards. I don't think anyone said that, EU citizens complain about the EU all the time. But complaining that the EU should be molded on the shape of the US is... Backwards.

> I don't think anyone said that When people say "well then leave" it means "stop complaining". So of course that's what was said. > But complaining that the EU should be molded on the shape of the US is... Backwards. No. What's really backwards is your jingoism here. That's entirely uncalled for. Countries aren't sports teams. Trying to argue that either the EU or the US is more "backwards" than the other is an idio…

> Trying to argue that either the EU or the US is more "backwards" than the other is an idiotic conversation to have.

It's really not an idiotic conversation considering that the US has a very clear problem with religious nuts accumulating increasingly more power to dictate other people's lives, that's very backwards and should be brought up. I don't want other countries being molded by that. The USA already exported the bullshit televangelicals stupidity into my home country (Brazil) which made Neo-Pentecostalism the biggest religion there with all the problems it entails, it's extremely backwards and stems from America's cultural values around money.

Re: Meta Fined $843M by EU over Marketplace Ads

#139

Will future tech companies bother making their products available in the EU? Will it be worth it, or is just too big of a risk with uncertain outcomes?

Except for VR headsets, I reject the notion that facebook/meta is a "tech" company.

Do you think “tech” excludes software or something? That wouldn’t be a normal definition.

Re: Meta Fined $843M by EU over Marketplace Ads

#140
I miss when antitrust regulations were focused on preventing harm to consumers, rather than competitors. Clearly marketplace is a net benefit to consumers, hence its popularity. If you’ve ever used it compared to any of the other unauthenticated marketplaces it would be obvious why.
Post reply on HN