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Ethics Matters (Premium)

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European regulators are circling U.S. tech giants, looking for any excuse to impose heavy fines and make major changes to business behaviors, and even industry darling Apple isn’t above the fray. Here in the United States, the FTC is poised to levy a historic penalty as part of a settlement with Facebook, and this could serve as a model for future antitrust enforcement.

These cases are all about privacy. Or, more simply, about ethics and this strange new notion that a corporation, which exists solely to advance the fortunes of its shareholders at all costs, must act in a way that benefits themselves and their owners while doing no harm to mankind.

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