31 ms·

Just look at GoodRx recently to see how this veiled this threat is

DaiPlusPlus 4y ago
I looked it up just now... > GoodRx will be prohibited from sharing user health data with applicable third parties for advertising purposes, and has agreed to pay a $1.5 million civil penalty for violating the rule. Meanwhile, GoodRx's revenue in 2021 was $745 million.
- jeremyjh 4y ago
  Don’t forget the black mark on their permanent record!
  - amelius 4y ago
    It would be nice if black marks could be easily seen by consumers. For example by forcing the use of a "BM" (black mark) text next to the "TM" symbol in a company's logo.
    - DaiPlusPlus 4y ago
      “Bowel Movement” seems more appropriate
- jchw 4y ago
  Interesting. So that's like, 0.2% of their gross revenue, about? Meanwhile, if my cursory math isn't screwed up, if your gross annual income is $100,000, 0.2% of your salary is $200. So basically, they got something roughly akin to a speeding ticket.
  - DaiPlusPlus 4y ago
    But consider that when you get a speeding ticket your car insurance goes up and you often end-up paying far more than just the initial infraction fine. And you can be automatically disqualified from driving entirely once you get enough points on your license. So if the fine were even remotely as impactful as a speeding-ticket is to a normal person then GoodRX would have just earned 3 penalty points on their business-license, have substantially higher business indemnity insurance costs, and once they hit enough points and caught doing-business-while-impetuous (DWI) again then the state would seize their business and crush it under a tank[1] and those at the wheel would be behind bars. Somehow I doubt anything remotely close to that will happen to GoodRX and its management when this inevitably happens again. [1] https://www.bbc.co.uk/news/world-europe-14380367 https://www.bbc.co.uk/news/world-europe-14380367
- deleted 4y ago
  [deleted]
- rhaway84773 4y ago
  [flagged]
- viraptor 4y ago
  The part about sharing the data will hurt them though. A part of their income comes from advertising to their users. If they can't do effective targeting anymore, their ad business will lose way more than $1m
  - JeremyNT 4y ago
    Is there an actual penalty for ignoring that restriction though? Or will they just get another slap on the wrist?

I looked it up just now... > GoodRx will be prohibited from sharing user health data with applicable third parties for advertising purposes, and has agreed to pay a $1.5 million civil penalty for violating the rule. Meanwhile, GoodRx's revenue in 2021 was $745 million.

jeremyjh 4y ago
Don’t forget the black mark on their permanent record!
- amelius 4y ago
  It would be nice if black marks could be easily seen by consumers. For example by forcing the use of a "BM" (black mark) text next to the "TM" symbol in a company's logo.
  - DaiPlusPlus 4y ago
    “Bowel Movement” seems more appropriate
jchw 4y ago
Interesting. So that's like, 0.2% of their gross revenue, about? Meanwhile, if my cursory math isn't screwed up, if your gross annual income is $100,000, 0.2% of your salary is $200. So basically, they got something roughly akin to a speeding ticket.
- DaiPlusPlus 4y ago
  But consider that when you get a speeding ticket your car insurance goes up and you often end-up paying far more than just the initial infraction fine. And you can be automatically disqualified from driving entirely once you get enough points on your license. So if the fine were even remotely as impactful as a speeding-ticket is to a normal person then GoodRX would have just earned 3 penalty points on their business-license, have substantially higher business indemnity insurance costs, and once they hit enough points and caught doing-business-while-impetuous (DWI) again then the state would seize their business and crush it under a tank[1] and those at the wheel would be behind bars. Somehow I doubt anything remotely close to that will happen to GoodRX and its management when this inevitably happens again. [1] https://www.bbc.co.uk/news/world-europe-14380367 https://www.bbc.co.uk/news/world-europe-14380367
deleted 4y ago
[deleted]
rhaway84773 4y ago
[flagged]
viraptor 4y ago
The part about sharing the data will hurt them though. A part of their income comes from advertising to their users. If they can't do effective targeting anymore, their ad business will lose way more than $1m
- JeremyNT 4y ago
  Is there an actual penalty for ignoring that restriction though? Or will they just get another slap on the wrist?