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How does the EU force an American company to break up? (Not a rhetorical question) Perhaps they might pull a China and require them to open a 51% EU-owned subs
by piaste 4y ago
How does the EU force an American company to break up? (Not a rhetorical question)
Perhaps they might pull a China and require them to open a 51% EU-owned subsidiary to do business here, which would then be subject to all sort of restrictions including company size.
As a EU citizen, I would absolutely love it. But I suspect that the EU is bound by many more and much more comprehensive free-trade treaties than China is, and such a draconian approach would require many of them to be renegotiated or exited outright.
- rnk 4y agoThey can tax and fine them unsustainable fees, prohibit them from being used there. Thus they can control them. If Apple found that onerous they could choose not to be in business there.