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Are they really "American" firms in anything but name? Once they go multinational, they lose their allegiance to their "native" countries. I don't see any evide
by etripe 6y ago
Are they really "American" firms in anything but name? Once they go multinational, they lose their allegiance to their "native" countries. I don't see any evidence of loyalty to their home countries, per se. Not even in the most basic sense of paying their fair due of taxes.
I don't think it's shocking at all. Every market is free to regulate itself however it sees fit, regardless of what "nationality" players on it have. It's interesting hardly anyone blinks an eye when that regulation allows "American" companies to save costs in developing countries but there are complaints when it disadvantages those companies, often for the same kinds of regulation: labour and environmental.