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It is about money, but not how you would think. If Facebook wasnt making money, they would have been blocked years ago. But if any of us block Facebook due to
by ralfn 10y ago
It is about money, but not how you would think. If Facebook wasnt making money, they would have been blocked years ago.
But if any of us block Facebook due to the obvious udamage it does to society we start a trade-war. So regulation is really the only path available.
And in most of our cultures, companies prevent regulations by self-regulating. Whatever company triggers a new law, they get fined disproportionally because we had to spend money time and effort to make something illegal that was obviously morally dubious.
What you are seeing is Europe starting to treat american companies the same way they treat European companies.
Money and politics was the reason why things got as far as they did and esspecially companies like Facebook are being completely disrespectfull and full on predator.
It also took a while to realizle that American companies need clear rules and constant supervision when they operate in Europe. Because they will find and exploit every loophole they can (and believe that they have an obligation to their stockholders to do so).
So, for you guys this may seem to come out of nowhere, but fb has been burnng bridges all this time. Something similar happened to Microsoft.
At that point any excuse will be used as a stick until the predator is domicile.
Hint: If there are four cookies on the table, free to take, and you take all four, you wont be invited over any more.
In Europe this logic still applies, even when you do bussiness. If you ever do bussiness with Europe and you negotiate a fair price down to an unfair price, you might have a small short profit and a long term resentment that will cost you dearly. On a personal level.
Treat bussiness more like how you cultivate a healthy long term relationship.
This maybe also why its harder for startups in Europe. Long term relationships take longer and so do reputations, both good and bad.