Ed Markey

@SenMarkey ↗

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Last Checked Aug. 2, 2021

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Wed Jul 24 15:17:04 +0000 2019

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Ed Markey @SenMarkey

A $5 billion fine may appear large, but it amounts to a slap on the wrist in comparison to the revenue that Facebook rakes in. — PolitiTweet.org

Posted July 24, 2019 Hibernated

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Ed Markey @SenMarkey

Those who argue that this penalty will impact Facebook’s bottom line have already been proven wrong. Facebook’s stock went up after it was reported earlier this year that it would be fined $5 billion by the FTC, making Mark Zuckerberg $1 billion richer. — PolitiTweet.org

Posted July 24, 2019 Hibernated

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Ed Markey @SenMarkey

Facebook does not have to admit any fault as a result of this settlement. It doesn’t have to limit the amount of data it collects. It still gets to move forward with its Libra cryptocurrency. This outcome is an insult to consumers. — PolitiTweet.org

Posted July 24, 2019 Hibernated