Message from @Ralin Storm

Discord ID: 651603567743991820


2019-12-04 01:56:45 UTC  

FTC will remain an ineffective appendage during his tenure. Same goes for the FCC.

2019-12-04 01:57:04 UTC  

you don't seem to grasp how this shit works

2019-12-04 01:57:13 UTC  

the FTC isn't the police

2019-12-04 01:57:22 UTC  

they don't go after individuals

2019-12-04 01:57:34 UTC  

endgame is more important to him, the net Win as it were. Hes all about winning aka feeding the arrogance

2019-12-04 01:57:42 UTC  

they file big-time class action lawsuits on behalf of consumers

2019-12-04 01:57:44 UTC  

who's saying they do, @ManAnimal ?

2019-12-04 01:57:52 UTC  

all social media has been put on notice

2019-12-04 01:58:00 UTC  

@Spooky wah?

2019-12-04 01:58:14 UTC  

so all these companies are going to react by banning EVERYTHING

2019-12-04 01:58:24 UTC  

else the FTC will sue them out of business

2019-12-04 01:58:48 UTC  

FTC typically drops a lawsuit against a major corp, get's some paltry compensation, sprinkles across affected customers as plaintiffs.

2019-12-04 01:58:55 UTC  

@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

2019-12-04 01:59:01 UTC  

They're penalties are a fucking joke to multi-billion corporations.

2019-12-04 01:59:08 UTC  

platform vs publisher

2019-12-04 01:59:20 UTC  

not with the class-action lawsuits

2019-12-04 01:59:26 UTC  

@JaceRex just play it both ways like YouTube does

2019-12-04 01:59:48 UTC  

a $50b class action suit suddenly disappears if they have enough people backing them when the fees come in

2019-12-04 01:59:53 UTC  

Social Media have cut off their bridges

2019-12-04 01:59:56 UTC  

a complaint to the FTC is usually enough to make ANY corporation no matter HOW big to back off

2019-12-04 01:59:56 UTC  

they can't survive this

2019-12-04 02:00:02 UTC  

because the FTC doesn't fuck around

2019-12-04 02:00:45 UTC  

incorrect; if the FTC targets a company, they don't ever make out with the fines even if they settle

2019-12-04 02:00:46 UTC  

@Jack of Trades Based WAH poaster

2019-12-04 02:00:51 UTC  

it's always a loss

2019-12-04 02:00:54 UTC  

@ManAnimal Social media, if they are smart, will start unbanning people like Sargon

2019-12-04 02:00:56 UTC  

they need him

2019-12-04 02:00:58 UTC  

Perspective matters here. FTC's largest suit was against FB this year at $5 billion.

2019-12-04 02:01:13 UTC  

FB's annual for 2018 was $65 Billion.

2019-12-04 02:01:25 UTC  

relevance?

2019-12-04 02:01:40 UTC  

they settled for 5 billion?

2019-12-04 02:01:54 UTC  

I'm highlighting that while the FTC can flex some authority, it's not going to damage social media substantially.

2019-12-04 02:02:03 UTC  

2019 settlement was 5 Billion

2019-12-04 02:02:05 UTC  

@Mersenne $50b per giant social media company, that will cripple them

2019-12-04 02:02:15 UTC  

so your statement is incorrect

2019-12-04 02:02:27 UTC  

Fat fucking chance. 5 Billion was their *largest* suit

2019-12-04 02:02:34 UTC  

if they SETTLED for 5 billion, this means they were SUED FOR ALOT MORE

2019-12-04 02:02:58 UTC  

Sure. And between lobbyists and lawyers, nothing came of it.

2019-12-04 02:02:58 UTC  

and they came to an agreement to avoid potentially loosing more

2019-12-04 02:03:04 UTC  

otherwise, why settle?

2019-12-04 02:03:27 UTC  

@ManAnimal and social media will not have the power behind their bargaining without unbanning the people they've removed from society