Message from @Ralin Storm
Discord ID: 651603310964637708
agreed
Trump is going to hold it back until he leaves office
he's smart like that
with that and the trade-war and now the FTC going after the very mechanism that has driven the economy, selling cheap good online from thrd parties
Trump strikes me more as someone who really doesn't care about it that much
it's a huges shit shit
@Mersenne lmao trump doesn't care about money? seriously?
If it negatively impacts business, he definitely doesn't give a shit.
FTC will remain an ineffective appendage during his tenure. Same goes for the FCC.
you don't seem to grasp how this shit works
the FTC isn't the police
they don't go after individuals
endgame is more important to him, the net Win as it were. Hes all about winning aka feeding the arrogance
they file big-time class action lawsuits on behalf of consumers
who's saying they do, @ManAnimal ?
all social media has been put on notice
@Spooky wah?
so all these companies are going to react by banning EVERYTHING
else the FTC will sue them out of business
FTC typically drops a lawsuit against a major corp, get's some paltry compensation, sprinkles across affected customers as plaintiffs.
@ManAnimal wrong, they will need the army that helped them get to where they are to prevent COPPA. If they continue the banning then they lose, big
They're penalties are a fucking joke to multi-billion corporations.
platform vs publisher
not with the class-action lawsuits
@JaceRex just play it both ways like YouTube does
a $50b class action suit suddenly disappears if they have enough people backing them when the fees come in
Social Media have cut off their bridges
a complaint to the FTC is usually enough to make ANY corporation no matter HOW big to back off
they can't survive this
because the FTC doesn't fuck around
incorrect; if the FTC targets a company, they don't ever make out with the fines even if they settle
@Jack of Trades Based WAH poaster
it's always a loss
@ManAnimal Social media, if they are smart, will start unbanning people like Sargon
they need him
Perspective matters here. FTC's largest suit was against FB this year at $5 billion.
FB's annual for 2018 was $65 Billion.
relevance?
they settled for 5 billion?
I'm highlighting that while the FTC can flex some authority, it's not going to damage social media substantially.
2019 settlement was 5 Billion