New Mexico jury finds Facebook liable for over 43 million violations of consumer protection law—and Meta could owe over $200 billion in penalties

Stop just fining these fuckers! They can afford any amount you fine them with. Shut down the service and charge them with crimes or gtfo.

Normally I’d agree, but if one of the more populated states fined meta at this rate it’d be a corporate death penalty

For context - New Mexico has a population of 2,124,222, making it the 36th most populated state in the country.

That’s under 1% of the country. California has 39,355,309… No company currently in existence could survive a 4 trillion dollar fine

This is huge… if it goes through

This is huge.. if it goes through

Not really. This is a lawsuit about the whole Cambridge Analytica scandal back in 2016. While the penalties could technically be up to $200 Billion… they won’t actually be anywhere near that high.

Back in August, they settled another multi-state lawsuit for the same stuff… for $18 Billion. And that was for settling with 48 states. New Mexico and Florida were the only two states not included in that lawsuit. There’s no way in hell the punishment will be anywhere near $200 Billion for the same actions in a single state.

The only other state that could continue going after them for these actions is Florida since the other 48 states all settled.

So this issue is effectively over, and it fizzled out with a slap on the wrist as everyone expected because we don’t actually punish large companies in this country.