3 ms·
It’s not a fine, it’s a tax disguised as a fine. A protectionist tax France selectively imposes on a successful company from a successful industry based in a fo
by nickpp 5y ago
It’s not a fine, it’s a tax disguised as a fine. A protectionist tax France selectively imposes on a successful company from a successful industry based in a foreign country to prop up a dying industry from their own country.
Makes me wish companies had some balls and actually quit markets that treat them like this. But companies are business organizations, not political ones. The actual solution here is in politics: USA should respond symmetrically, by fining/taxing some large French conglomerate doing business in US.
- Renaud 5y agoIf Google wanted to quit that market, then Godspeed. It would be a tremendous opportunity for someone new to step in (no, I'm, not looking at you Bing). But alas, I'll bet good money that recalcitrant France is still a market too juicy for Google to abandon.
- dontblink 5y agoWouldn't they have to quit the entire EU? How does that work?