this post was submitted on 14 Jan 2024
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This has little to do with reddit though, other than they being the target.
These companies might just as well go after owners of fediverse instances, and would likely have more luck, as Lemmy owners won't have the same resources as reddit to fight it in a court.
Not even the big instances like LemmyWorld or Beehaw would be safe. Even more for self hosted instances.