Whether this administration or another has the will, remains to be seen, but it seems clear that these advertising companies up to this point have collected user data with impunity and use it with impunity.
I may be mistaken but I think people will eventually wake up from their indifference to this in the US and demand congress pass comprehensive data collection and usage reform.
I don't know about Facebook, but Google has been preparing for antitrust investigations for over a decade.
But here we are...
Edit for the search-deprived: https://en.m.wikipedia.org/wiki/Contract_Clause
For example, the contract clause also has a different part that prohibits states from coining money. In article 1, section 8, the constitution grants Congress the power to coin money. Read together, this means that a state can't issue money unless that money is backed by gold or silver.
There are some fairly weird edge cases in this rule. State banks can issue bonds, and those bonds can be privately tradeable, which is quite a lot like issuing money. However, according to the cases that Wikipedia cites, that's perfectly legal.
It's interesting how much of the Constitution is about creating an economic alliance, as much as a political or military one. Having federal bankruptcy courts, a postal system, banning tariffs on interstate trades, or a copyright system is really about creating a single common market with closely integrated economies. We don't generally think about those aspects of the Constitution, because we're so used to it.
The federal government is allowed to use whatever means they legislate to pay their debts.
Edit for your edit: still doesn't.
Not when those very data collection companies totally control the narrative .