Matt Levine has a good summary of the fine Facebook negotiated over the Cambridge Analytica scandal. But his analysis of why legislation doesn’t happen in the wake of scandals feels right on to me:
"...Americans are biased toward thinking of bad things as being already illegal, always illegal, illegal by definition and by nature and in themselves. If the thing that Facebook did was so bad, then it must have been illegal, so there is no need for a new law against it."Our laws are not equipped for our current media age and we’re biased against thinking laws could be out of date.