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So they'd file suit in the EU and... what would happen? Some sort of judgment that would prevent a company from starting business in the EU at a later date?
by jwineinger 8y ago
So they'd file suit in the EU and... what would happen? Some sort of judgment that would prevent a company from starting business in the EU at a later date?
- legopelle 8y agoDetained during their connection in Frankfurt?
- pluma 8y agoI don't know. Why are EU companies paying attention to American laws, again?
- frockington 8y agoLargest economy and military in the world are big reasons to play nice with America
- pluma 8y agoThe US is not the largest economy. Whatever gave you that idea? Except for military force and incarcerations per capita, the US is lagging behind in almost every statistic compared to China or the EU.
- patrickmcnamara 8y agoMilitary doesn't come in to this at all. And similar arguments could be made for why American companies would play nice to the EU.
- frockington 8y agoIf I were a company I would target America first and Asia second. Due to increasing regulations, political uncertainty and lack of growth I'd shift the EU to third (it used to be an obvious second to me).
- patrickmcnamara 8y agoFair enough, but you'd be missing out on a huge market. And unlike Asia, it has a single regulation to follow for things like data protection. If your company was unable to comply with GDPR, many wouldn't want business with your company anyway, especially other companies who are trying to comply with it.