That’s literally the sales pitch to investors, and has been for decades.
We need you Lina Khan. We need you, but stronger, faster, better. Let’s fucking go.
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FTC says water is wet.
Edit: in all seriousness, it’s good that the FTC is talking about this, and it’ll be even better if it does something to combat it.
I like that someone in a position of authority is talking about this.
It is fine to have casual knowledge of or a hunch about something, but far better to have the research and analysis to prove it.
Rule #1: anybody who can get you to give them your information of likes, dislikes just about anything will sell it to other people, or use it for their own sales to you.
Rule #2: If anyone has any reason to make you accept terms and conditions and there’s any chance that they you may want to sue them in future, they’re going to slip in a binding arbitration clause unless it is legally difficult for them to do so.
Wake up FTC it’s not just social media it’s deeply embedded everywhere in commerce and society and it needs to be addressed RFN.
Allow me to reveal my age by saying… No, duh!!!
In idiom meta for this scenario, most Lemmy users are what would be considered ‘the choir’
anti-Social ones. this all public btw.