The jury also found Facebook misled the public about investigations into third-party app developers that harvest user data following the Cambridge Analytica scandal.
Not really. This is a lawsuit about the whole Cambridge Analytica scandal back in 2016. While the penalties could technically be up to $200 Billion… they won’t actually be anywhere near that high.
Back in August, they settled another multi-state lawsuit for the same stuff… for $18 Billion. And that was for settling with 48 states. New Mexico and Florida were the only two states not included in that lawsuit. There’s no way in hell the punishment will be anywhere near $200 Billion for the same actions in a single state.
The only other state that could continue going after them for these actions is Florida since the other 48 states all settled.
So this issue is effectively over, and it fizzled out with a slap on the wrist as everyone expected because we don’t actually punish large companies in this country.
$200 billion isn’t a slap on the wrist, it’s a real punishment. Facebook can’t just cut a check and continue on, they’re going to have to make hard choices if they are made to pay up. Florida alone could still drain the company dry on this case, but more importantly it sets a precedent
Since we don’t have a functioning system of corporate punishment, it’s all case law. I’m sure Facebook is going to fight it with everything they have, so it’s not nearly over… But if this goes through anyways? That could change things
Not really. This is a lawsuit about the whole Cambridge Analytica scandal back in 2016. While the penalties could technically be up to $200 Billion… they won’t actually be anywhere near that high.
Back in August, they settled another multi-state lawsuit for the same stuff… for $18 Billion. And that was for settling with 48 states. New Mexico and Florida were the only two states not included in that lawsuit. There’s no way in hell the punishment will be anywhere near $200 Billion for the same actions in a single state.
The only other state that could continue going after them for these actions is Florida since the other 48 states all settled.
So this issue is effectively over, and it fizzled out with a slap on the wrist as everyone expected because we don’t actually punish large companies in this country.
Like I said, this is huge, if it goes through
$200 billion isn’t a slap on the wrist, it’s a real punishment. Facebook can’t just cut a check and continue on, they’re going to have to make hard choices if they are made to pay up. Florida alone could still drain the company dry on this case, but more importantly it sets a precedent
Since we don’t have a functioning system of corporate punishment, it’s all case law. I’m sure Facebook is going to fight it with everything they have, so it’s not nearly over… But if this goes through anyways? That could change things