Earlier quoted context omitted.
I agree that if anytime anyone came up with a business model you banned it, that would produce more innovation in business models. But you also wouldn’t get any of the products because you’ve banned all of them. So it seems like a bad way to run an economic bloc. The EU in particular doesn’t even know what they’re doing and none of their poorly drafted “blue is green now because I said so” laws even work. You just ge…
The cookie banners are a result of bad/non-existent enforcement. The GDPR actually makes 90% of them illegal. Enforcement appears to be slowly ramping up. > The value you get from Facebook is the ads are relevant If this was true, this ruling would be a nothingburger because everyone would voluntarily opt into the targeted advertising so they can get all that "value" you're speaking of. In reality though the value pe…
Unintended results are part of writing the laws. So is writing a law that phone ports must be USBC and forgetting about wireless charging standards. When the DMA starts enforcement and makes it impossible to block messaging spam because all messengers have to trust each other, that’ll be part of it too.
> If this was true, this ruling would be a nothingburger because everyone would voluntarily opt into the targeted advertising so they can get all that "value" you're speaking of.
No, not all markets clear. If you get a smaller market because not everyone opts in there’s just going to be less stuff in it.
(And I actually think Instagram’s ads are more interesting than, say, my family members who’ve decided to become influencers.)