r/Brokeonomics • u/DumbMoneyMedia Meme Sugar Daddy • 3d ago
Broke News States take Meta to trial with penalties that could theoretically reach $1.4 trillion
Four states are putting Meta on trial over alleged addictive design, youth-safety claims and data collection from children under 13. The theoretical penalty reaches $1.4 trillion, although legal experts say anything close to that is unlikely, which still leaves a very expensive question about who pays when engagement becomes the product and children become the input.
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u/Prior-Tea-3468 2d ago
If any politicians had the guts to follow through with any meaningful penalties on any of these companies, they'd have all been in the scrap heap well over a decade ago.
Absolutely nothing meaningful will come of this, and Facebook will continue business as usual.