Jason Kint Profile picture
Mar 3 4 tweets 2 min read
I sense no one is reading this so I choose a screenshot but this is the antithesis of reality. Good competition policy (and enforcement, hello EU) actually supports data protection. The idea improved privacy hurts competition is a disingenuous myth invented by adtech lobby. 1/4
Imagine writing a piece like this with misleading economic forecasting (that the revenue evaporates) while ignoring history that no privacy laws led to a duopoly of two companies capturing nearly all of the growth due to their tracking of users. 2/4
Many of the references are to industry friendly blogs and academic that don’t hold up. Facebook’s decline (more coming) due to kneecapping of its surveillance is leading to welfare reallocation to others with trusted consumer relationships. 3/4
Yes, you can look narrowly at higher prices for SMEs ad prices on Facebook or look narrowly at lower CPMs for apps/sites when they can’t leverage surveillance data on iOS or worse look narrowly at vendor tags on sites. But any respected economist will laugh at that analysis. 4/4

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More from @jason_kint

Mar 1
“It just seems like no one learned any lessons from COVID.” - @spanishbrendan businessinsider.com/advertisers-ar…
"Advertising is critical to making quality news and information available to the public. Pulling advertising from timely, serious reporting is short-sighted in every respect." - @NewsCEO @newsalliance businessinsider.com/advertisers-ar…
Pls don’t take a one-size-fits-all approach of blocking keywords in order to avoid ads appearing on low-integrity sites like Sputnik and RT. These choices that treat all sites as interchangeable commodities have broader effects on a free and plural press delivering trusted info.
Read 5 tweets
Feb 25
Incoming. Fun thread. You may remember my live tweeting a Feb 10th hearing where Facebook and its lawyers received arguably its greatest court beatdown ever for discovery on its Cambridge Analytica cover-up. Transcript just posted in parallel DC suit as evidence. It holds up. /1
Recall Facebook's lawyers (Gibson Dunn) were ordered to bring a "decision maker" from Facebook -> Solanki. "I'll chat with you in a minute." Court then invited plaintiffs to file for sanctions of FB and the partners at Gibson Dunn. Read every word (yellow is mine). It's good. /2
First, the Court goes through a couple examples (app developer investigation and turning over plaintiffs' data) that he describes as "egregious." You can read the invitation for sanctions and see if I was exaggerating the beatdown or not. Again, it's a gem - entertaining. /3
Read 10 tweets
Feb 23
Important report that gets at some of the downstream harms from Google’s unique market power, and lack of competition, over adtech and how it impacts design, monetization and discovery. The co-chair of Senate Intel, Mark Warner, is spot on here and his voice is appreciated. /1 Image
This is actually unclear, I’ll find the thread. A top Google executive testified to Sen Feinstein that Google didn’t pull RT but instead their algorithms removed it which I called out at the time as highly questionable testimony (likely G trying to avoid conflict with Russia). /2 Image
Lowcock has been a big supporter of news and advertisers being better supporters of it. 🙏🏽 I disagree here, though. Advertisers absolutely should know where their ads/$ is going. They can’t have 1-1 microtargeting across web and not also carry burden for what they subsidize. /3 Image
Read 7 tweets
Feb 20
Well said. In a tweet, Facebook deceived and covered up the real harms exposed by its core surveillance business model. When Congress, FTC and SEC allowed them to settle for $5B+, Apple stepped in and rightly treated Facebook’s tracking us as a real security risk. Here we are.
ps there is no empirical research I’ve seen to suggest limiting tracking is good for Google like it is for Apple. Apple’s revenue comes mostly from end consumers. Google, just like Facebook, gets most of its revenue from advertising and a majority of its data from 3rd parties.
The trick for Google is to leverage its market power, browser dominance, search dominance, operating system dominance and adtech buying/selling dominance to invent a new way to track users and then label it “privacy” in the interests of web. Much better position than Facebook.
Read 4 tweets
Feb 20
Wow. Late Friday, Gibson Dunn, the law firm shielding Facebook in Cambridge Analytica cover-up suits, appeared to tell DC Court "discovery is over" despite NdCal Court just last week inviting plaintiffs file for sanctions of Facebook and the firm for obstructing discovery. /1
It seems Gibson Dunn even took the words of the new Judge on the case from the last hearing and attempted to reframe them as if he also said discovery is over although anyone following the hearing would realize the different context of his wanting to push it along. /2
Facebook even argues it only claims privilege on communications of "only a small portion" of its employees *which is entirely false.* About 4,200 Facebook employees were in its privilege log which was filed publicly before they asked to also have it covered up, too. /3
Read 5 tweets
Feb 18
Lol. Let me explain privacy laws headed toward enforcement (CPRA, GDPR) and gatekeeper laws (Digital Markets Act) plus those that do both (eg German federal cartel office decision and antitrust lawsuits based on data abuse). In other words, RIP Facebook surveillance biz model. /1 Image
This message from a company that has actual fraud allegations against it for knowingly inflating its potential reach metrics causing advertising buyers to shift their overall spending mix after settling other elevations of knowingly reported false metrics. Evidence unsealed. /2 Image
When these companies say their Facebook rates went way up, pls make sure to ask if 1) they’ve found other ways to reach their audience and 2) how their biz is doing overall. Welfare and revenue shifts. Facebook’s problems are opportunities for others more focused on consumers. /3 Image
Read 4 tweets

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