So, I may have dropped this in the wrong spot earlier, but has anyone else signed up for that class action lawsuit against Facebook and Google? You can check it out here: https://www.jpbliberty.com. I’m really hoping for some updates soon and wanted to know if anyone else is involved. They also gave out a token called SUFB to members, which is listed on hive, if that’s your thing.
Thanks for bringing this up. I didn’t know about it and honestly find it intriguing, yet I’m a bit skeptical about their chances of winning. Just for those who don’t wanna click links, basically it’s about JPB Liberty suing these giants for banning crypto ads. Anyone can join, as it's anonymous and no win, no fee.
Can someone break down the legal grounds for this lawsuit? I mean, these platforms are private and have their own terms of service. Plus, cryptocurrencies aren’t regulated properly, and a lot of them are scams, so I get why they’d want to ban ads. They're not banning conversations, just advertisements, right?
The core argument seems to be that this ban violates anti-trust laws in Australia, causing a ton of damage. They’re looking to bring this to the Federal Court of Australia, aiming for damages for losses in the crypto scene.
Australia definitely seems ready to take Facebook to task when they get the chance. There’s been a lot of back and forth there between them. Wishful thinking on my part though, lol!
I’m all for anything that brings these tech giants down a peg. If they disappeared tomorrow, the world would be a better place. They’re massive enemies of decentralization and free speech. Just saying, we should probably go after Amazon too, since their dominance is just as concerning.
I hope they succeed too, but I feel like proving monopolistic practices might be tough. These big companies often just pay fines and keep going. Maybe pushing for better regulations would be more effective than this lawsuit. But hey, at least it raises awareness about the problem.
They’re probably gonna lose this one. The suit feels way too broad, and their TOS says they can refuse business with anyone at their discretion. This has been upheld in courts a lot.
I wouldn’t make bold predictions like that. Sometimes cases that seem obvious flip in unexpected ways. They might know they’re unlikely to win and are just aiming for a settlement instead. The costs of legal teams matter too.
Alright, I’ll say there’s a 99.999% chance they fail on the advertising part. This has been tried before with various industries, and it always comes back to platforms having the right to limit what can be advertised.
Quick update: progress seems to be happening. They posted about a judgment finding a prima facie case and getting the green light to serve. I’m trying not to get too hopeful, but who knows what’s next!