Re:California says Facebook dodged privacy subpoenas
by sandworm101 on Wednesday November 06, 2019 @06:07PM
(#21468576)
>>>...to fend off governments forever and eventually become supranational?
No, but they can fight to delay the inevitable. Increased privacy rules hurts profits. Pushing back regulation by a year or two, or even a month or two, means keeping those profit going for a month or two. For an entity like facebook that could mean millions. Say a new privacy reg will require them spinning up a few hundred employees to manage the compliance project. Holding off on those hires saves more money than the legal fees spent avoiding regulators. Even when you know you will eventually have to do something unprofitable, every day you avoid having to do it is a win.
No, but they can fight to delay the inevitable. Increased privacy rules hurts profits. Pushing back regulation by a year or two, or even a month or two, means keeping those profit going for a month or two. For an entity like facebook that could mean millions. Say a new privacy reg will require them spinning up a few hundred employees to manage the compliance project. Holding off on those hires saves more money than the legal fees spent avoiding regulators. Even when you know you will eventually have to do something unprofitable, every day you avoid having to do it is a win.