4 ms·
Neither of these are going to happen. Closing the EU subsidiary would be a PR disaster, especially after the recent lawsuit (Max Schrems vs. Facebook). While t
by eeZi 10y ago
Neither of these are going to happen. Closing the EU subsidiary would be a PR disaster, especially after the recent lawsuit (Max Schrems vs. Facebook).
While the EU obviously wouldn't block access to Facebook, I doubt that the cost of complying with regulation would be larger than shutting down their subsidiary. Think ad revenue, declining user base due to bad PR, and I don't think this move would go over well with their investors.