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The following is pure speculation and I haven't given it too much serious thought. Is this just the latest form of trade protectionism? That the EU is unhappy
by kevindong 6y ago
The following is pure speculation and I haven't given it too much serious thought.
Is this just the latest form of trade protectionism? That the EU is unhappy about being the clear non-leader in tech so they're attempting to raise trade barriers such that the American leaders are forced out or become uncompetitive in the EU?
- jariel 6y agoIt is definitely partly that, and sadly because EU is not perceived as 'the big baddie' then not too many people will have the audacity to call out the EU for this. The EU has found some 'actual power' in their legislative ability, and the anger among the elite particularly over taxation is being expressed here. It's one thing the elite can agree on 'we need to get back at those bad American companies'. But it's ultimately a losers hand, and the 'real problem' is their own ability to compete in these areas. All of that said - the EU has actually made some decent legislation and some of these actions may very well be rational and welcome. So paradox there.
- sgift 6y agoFor the most part it's that Europe always considered very big companies a problem and the behavior of tech companies in the law few years has increased the perception that this was correct. So, now they adapt the existing legislative options to the modern world.