Re:StreetLend.com shuts down, citing GDPR regulations
by PurpleBoxDragon on Monday April 30, 2018 @01:45PM
(#16960657)
>The ideal solution is fining both Google and Facebook for all the money they've made from that abuse from at least the past 5 years, to level the playing field.
Probably not far enough. You need to outright shut them down, put them in a prison of sorts, fine them, and then let them continue operating after their term is up. Do not let them sell, do not let them split. But people will lose jobs, ads will be taken out to fight it, and it will be held up in court for far too long. Google and such have ingrained themselves in a way that to properly punish them for their actions is not politically tenable, because the only fitting punishment would destroy these companies and cause significant economic harm.
Probably not far enough. You need to outright shut them down, put them in a prison of sorts, fine them, and then let them continue operating after their term is up. Do not let them sell, do not let them split. But people will lose jobs, ads will be taken out to fight it, and it will be held up in court for far too long. Google and such have ingrained themselves in a way that to properly punish them for their actions is not politically tenable, because the only fitting punishment would destroy these companies and cause significant economic harm.