alt Hacker News> X got a letter saying they should stop.
I am unfamiliar with these matters and I am also unsure what specifically you are referring to.
But in general, if big companies get away with wrongdoings by receiving a gentle slap on their fingers, figuratively speaking, it will, in my opinion, lead to no change whatsoever.
Because if there are no material consequences for wrongdoings, they probably would not care. And there are very few kinds of actually material consequences for big companies. One of them being a really hefty fine.
> Because if there are no material consequences for wrongdoings, they probably would not care. And there are very few kinds of actually material consequences for big companies. One of them being a really hefty fine.
In mono/oligo-poly situations there's no really such a thing as "a really hefty fine". Either the cost will be happily trickled to the very public that are being wronged or the fine is effectively unsurvivably hefty, which noone would levy against a too-big-to-fail entity.
Look at the recent fine for Meta for example. Settling a case against one of the core monopolic drivers for a couple percentage points of early revenue is peanuts. I can't believe the exec suite[-s] are thinking anything else than "which anti-consumer behavior can we buy indulgence for?", they would be stupid not to at these discounted rates.
I'm half joking here, but at this point it feels like the only reasonable way to instill some fear against building Torment Nexus and cyberpunk dystopia would be personal criminal liability of the boards and exec suites that is impossible to settle.