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Since the current US government is anti-tech as well, EU and CN governments are cranking up the pressure to get more money from the US tech. I guess this will l
by mritun 4y ago
Since the current US government is anti-tech as well, EU and CN governments are cranking up the pressure to get more money from the US tech. I guess this will last until next administration which will do the same to the EU companies. Once tariffs come for Bosch, and EU giants it will even out.
Both governments will get more money, customers will pay higher prices, tech giants will keep making money. Everyone wins, somehow.
- hnbad 4y agoI don't know what you mean by calling the "current US government" anti-tech. During the Trump presidency the governing party constantly called for regulation of "Big Tech" and even quasi-nationalizing social media platforms over "first amendment" concerns (which don't apply to private companies). By comparison the current US government seems fairly tame and anti-interventionist. It's also strange you consider tariffs an equivalent of antitrust and consumer protection regulation. US tech wouldn't have to give the EU "more money" if it followed the laws and regulations of the market it wants to operate in. Considering how obstructionist US tech companies of any size have been when it comes to basics like data protection and privacy, I'd say the fines these companies have had to pay so far are actually too low. As for whether the AV1 case is actually anti-competitive, that's for the investigation to determine. But using a market leader position to strongarm other companies into agreeing to terms that weaken their ability to defend themselves would definitely be an antitrust issue, if the investigation determines that is what is going on.