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> And, of course, the service itself, its apps, its sites, its traffic, can be blocked from accessing the EU internet (or being accessed from it). In other wo
by philwelch 6y ago
> And, of course, the service itself, its apps, its sites, its traffic, can be blocked from accessing the EU internet (or being accessed from it).
In other words, the EU can attempt to extend its internet regulations over the rest of the world by implementing a China-style firewall. Well, we'll see if that happens.
- gabaix 6y agoIt is more akin to the US Sanctions. You don’t have to abide. If you do trade with sanctioned countries, you should not do any kind of business with the US, or pay a hefty penalty. Here’s a case example, BNP Paribas dealings with sanctioned countries. https://www.wsj.com/articles/bnp-agrees-to-pay-over-8-8-billion-to-settle-sanctions-probe-1404160117?mod=article_inline https://www.wsj.com/articles/bnp-agrees-to-pay-over-8-8-bill...