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Which government? It is a global problem.
by barbarbar 5y ago
Which government? It is a global problem.
- hnfong 5y agoWhat global problem? The largest tech companies are either US or Chinese companies. The Chinese government is starting to take a hard line on Chinese tech giants. It's only the US government who hasn't made a move yet. First result on Google: https://noahpinion.substack.com/p/why-is-china-smashing-its-tech-industry https://noahpinion.substack.com/p/why-is-china-smashing-its-... For other countries, it's hard to regulate foreign companies especially if legislation can't be enforced, or in some cases, those foreign companies just threaten to leave the market. Only the EU has unquestionable power (i.e. market size) to make US companies comply, and they have made various legislation and rulings that limit the power of these tech giants (eg. GDPR).