The Guardian view on regulating big tech: Meta has got off too lightly | Editorial

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Guardian Business

The Guardian view on regulating big tech: Meta has got off too lightly | Editorial

New child safety measures are welcome, but the wider risks posed by these platforms remain unaddressed “Hook, hold, harvest and hide” was how Megan O’Neill, a lawyer for the US state of California, characterised Meta’s business model in the trial that ended last week with an $18bn settlement, to be shared between the states and territories that brought the case. It was a clever way to describe the company’s approach…