alt Hacker News> The company said 30% of that amount — about $5.3 billion — will be released to states only if rivals YouTube and TikTok meet two conditions: implementing similar safety features, including a one-hour daily time limit, a nighttime block and age-assurance measures; and paying the same amount, split between the two companies.
This is pretty shady. The $17B figure is much less impressive when a huge chunk of it is hinged on competitors choosing to hurt their business.
Replies
seizethecheese • today at 7:18 PM
The discussion here would be unchanged if only the non-contingent portion were reported ($11.7B).
For what its worth, if you believe Meta's product does do this damage, the other products which do similar things should also abide by it.
It helps simultaneously "level the playing field" but also protects consumers.
If the courts stated ruling is hinged on consumer protection then this seems fair. Any competitor which doesn't follow suit is likely opening themselves up to a similar lawsuit which would cost a similar order of magnitude of damages (so it is in the interest of the competitors to do take these actions)