Facebook, Google to be forced to share ad revenue with Australian media

Re:Facebook, Google to be forced to share ad revenue with Au... by Mirioron on Sunday April 19, 2020 @04:50PM (#22918683)

>They'd just pay their x% tax and suck it up and consider it cost of doing business.

And then after that the companies will get involved in politics in those places so that it never happens again. This in turn increases the chance of regulatory capture and corruption.

Also, don't forget that increasing the cost of doing business will discourage others from trying. Oh, and there's also the US government too. They might just end up siding with Google and Facebook.

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Re:Facebook, Google to be forced to share ad revenue with Au... by youareostriches on Sunday April 19, 2020 @05:15PM (#22918858)

> And then after that the companies will get involved in politics in those places so that it never happens again. This in turn increases the chance of regulatory capture and corruption.

Sounds like a great reason to change the distribution of wealth and systematically reduce the power and influence of corporations.

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Re:Facebook, Google to be forced to share ad revenue with Au... by Mirioron on Monday April 20, 2020 @10:49PM (#22931337)

That's a nice idea, but it seems to not really lead to better outcomes. Socialism and communism have these same kinds of power struggles. It seems to simply be part of human nature.

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