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They can regulate companies within their own borders. Not someone in a totally different country. Again, unless you want the internet to be siloed.
by wyager 5y ago
They can regulate companies within their own borders. Not someone in a totally different country. Again, unless you want the internet to be siloed.
- nl 5y agoWhat does "within their own borders" mean? I'm in Australia. If I buy ads on Google I believe I'm actually dealing with Google Ireland, because the money goes there. But they have servers in Australia. But their headquarters is in the US. The EU approach (~"oh, you want to move where you measure your revenue around? Ok, we will look at global revenue") seems like a logical response to the way multinationals use corporate structure to avoid tax.
- wyager 5y agoI’m not interested in arguing with you about the pedantic details of establishing legal presence. I am simply telling you the inevitable consequence of forcing any company who sends packets to a country to now follow that country’s laws: only huge companies with tons of lawyers will be able to afford it, and everything else will be siloed by country. Google is just about the only American website that you’ll be able to get in Australia.