4 ms·

There is no way Zuck writes that check, and I believe Trump would be happy to create an international incident in support of a scofflaw.

jacquesm 9y ago
You do realize FB has a European headquarters, in Dublin, Ireland?
- rhizome 9y ago
  Yes, and I don't think that would stop it. Ego takes precedence in the US these days.
kevin_b_er 9y ago
Facebook headquartered itself in the EU to tax dodge. They're directly under EU jurisdiction. Double Irish with a Dutch Sandwhich, but alas they'll have to eat their Brussels Sprouts.
tanilama 9y ago
This specifically targets US I believe, it is desgined to add cost and barrier to US companies to operate in EU. I see this as an evidence that EU no longer trust US to reign its own market and will happily initiate their own internal replacements. Trump, of course won't like it, but with his American First philosophy, he has no argument if others follow his lead to put their own interests first.
- jacquesm 9y ago
  Bollocks. The companies that will be hit first by this are European companies. And Foreign companies that make a point of ignoring the law, but obviously that is their own choice.
  - tanilama 9y ago
    EU companies will have no choice but oblige, if foreign companies choose to not comply will be subject to other restrictions like not able to use Euro as currency. It is like China's situation, if you are not actively harmonising yourself with the regulation, in it will surely backfire at some point, which result you are out of business.
- tyfon 9y ago
  I work in a company in Norway. We are in the EØS (European Economic Area), but not the EU itself but we still have to implement this for our own Norwegian customers. We don't have any customers outside of Norway. Still we are investing millions to be compliant so I fail to see how this is specifically targeting US companies. Edit: It also seems that many think it is illegal to store personal information anymore but it's not, you just have to justify having it and only use it for the reasons you store it, provide data portability and the delete functions. For some reasons you also need user consent like marketing or analytics.

jacquesm 9y ago

You do realize FB has a European headquarters, in Dublin, Ireland?

rhizome 9y ago
Yes, and I don't think that would stop it. Ego takes precedence in the US these days.

kevin_b_er 9y ago

Facebook headquartered itself in the EU to tax dodge. They're directly under EU jurisdiction. Double Irish with a Dutch Sandwhich, but alas they'll have to eat their Brussels Sprouts.

tanilama 9y ago

This specifically targets US I believe, it is desgined to add cost and barrier to US companies to operate in EU. I see this as an evidence that EU no longer trust US to reign its own market and will happily initiate their own internal replacements. Trump, of course won't like it, but with his American First philosophy, he has no argument if others follow his lead to put their own interests first.

jacquesm 9y ago
Bollocks. The companies that will be hit first by this are European companies. And Foreign companies that make a point of ignoring the law, but obviously that is their own choice.
- tanilama 9y ago
  EU companies will have no choice but oblige, if foreign companies choose to not comply will be subject to other restrictions like not able to use Euro as currency. It is like China's situation, if you are not actively harmonising yourself with the regulation, in it will surely backfire at some point, which result you are out of business.
tyfon 9y ago
I work in a company in Norway. We are in the EØS (European Economic Area), but not the EU itself but we still have to implement this for our own Norwegian customers. We don't have any customers outside of Norway. Still we are investing millions to be compliant so I fail to see how this is specifically targeting US companies. Edit: It also seems that many think it is illegal to store personal information anymore but it's not, you just have to justify having it and only use it for the reasons you store it, provide data portability and the delete functions. For some reasons you also need user consent like marketing or analytics.