The legal fees alone while it gets dragged out in court will definitely hurt the smaller company.
Comment on A software company called Threads says Meta tried to buy its domain and kicked it off Facebook
kautau@lemmy.world 1 year agoThey will. This was most likely planned by their legal team in advance, will cost Facebook a negligible amount compared to their revenue and marked as a “risk.” And when they settle it will be a planned business expense, like a fine
SeabassDan@lemmy.world 1 year ago
squiblet@kbin.social 1 year ago
That's the strategy, of course. Throw a ton of lawyers at it and hope the other company just gives up.
kautau@lemmy.world 1 year ago
Yeah they don’t even need to hire a law firm. They pay millions of dollars in retainer every year to keep lawyers on staff, so this is just someone’s day job to go through the motions
frezik@midwest.social 1 year ago
What would it have cost Facebook to come up with a different name?
frunch@lemmy.world 1 year ago
~$1,000,000,000,000 USD, which is why they’re trying to do it the “easy way”