Earlier quoted context omitted.
You can dislike google and facebook, and feel that they need to be regulated, and still not support objectively bad laws. > Imagine how much quality investigative journalism could've been funded with just the money Google spent developing messaging apps. If you want to tax big tech companies because you feel the end result of doing so is good, then do that. Tax them. Don't create some hairbrained scheme to allow a me…
> What are these "terms"? Let me highlight some history from the article above: > In 2014, Warner got an email from Google asking if he would be interested in giving the company access to his data in order to scrape it for Knowledge Graph, for free. > At the end of it, we just said ‘look, we’re not comfortable with this.’” > “But then they went ahead and took the data anyway.” The sole way to opt out that Google offe…
> There's nothing "objectively bad" about forcing a bad actor to finally pay up for it's conduct.
Correct. That's why I said, essentially, "if you want them to pay up, tax them". I'm not saying any law that forces tech companies to pay money must be objectively bad. I am saying that this law is. You understand the difference.
> Realistically, the long term answer is to break these companies up, but in the interim, we need to use regulation to force them to pay up in areas where they would have to if they weren't monopolies.
And to do this, you support a bit of regulatory capture that instead directs the funds to a media monopoly. Like I said, it's an objectively bad law.
> One common monopoly practice is called predatory pricing: Where you price so low, you are losing money, temporarily, in order to kill competing businesses
You're actually arguing that the price, free, which Google and Facebook charge is too high, and that they need to further decrease it (by subsidizing the content they aggregate). Is the price too high, or is it predatorily low? You can't argue both sides. If you were really concerned with predatory pricing, you'd be against this law, because it (if applied generally) prevents competitors to Google or Facebook from gaining marketshare, since they can't afford to pay media companies. So as long as the entrenched actors pay the tax, upstarts can't start.