Nice, Another MOAT added to social media platforms.
Big platforms like Facebook can spend a lot of money complying with the "law" whereas the startups disrupting it will die.
Big platforms like Facebook can spend a lot of money complying with the "law" whereas the startups disrupting it will die.
Its an anti-moat, since it is crafted to apply only to a few leading platforms, and specifically excludes any platform with less than $100 million in current annual revenue.