Meta's new EU regulator is contractually prohibited from hurting Meta's feelings
9 days ago
- #Regulatory Capture
- #Corporate Influence
- #Privacy Rights
- Meta's new top EU regulator, Niamh Sweeney, is contractually prohibited from criticizing Meta due to a non-disparagement clause.
- Regulatory capture is evident as ex-corporate insiders are appointed to key regulatory roles, undermining public interest.
- Meta's enforcement of non-disparagement and non-disclosure clauses against former executives, like Sarah Wynn-Williams, highlights systemic suppression of whistleblowing.
- Ireland's role as a tax haven facilitates corporate tax evasion and weakens global tax systems.
- The GDPR's effectiveness is compromised by Ireland's lenient enforcement, benefiting American tech companies.
- Corporate influence extends globally, with examples in the UK, Canada, and the US, where regulators are replaced by industry insiders.