3 ms·
The regulations are meant to address externalities, prevent abuse of and damage to customers, and block unfair business practices with respect to competitors. B
by aborsy 4y ago
The regulations are meant to address externalities, prevent abuse of and damage to customers, and block unfair business practices with respect to competitors. Beyond such matters, if countries impose arbitrary subjective rules on other nations, others could retaliate and there will be problems with international trade (an important part of the economy from which everyone benefits)
Like I ban the purchase of your beef because it doesn’t meet my unreasonable local safety standards (eg, there are invisible flies in it). So I find an excuse to restrict competition and promote local industry.
- ahartmetz 4y agoThis is exactly addressing externalities - the environment, one of the most common externalities. Also network security, which depends on all machines being secure (the five years of security updates).
- aborsy 4y agoSure, which is why I provide 3 years of OS support, according to my business capability. That’s my contribution. Like, you can’t force me 15 years of product support (EU will demand it!). For that, we sit and come up with a joint international trade agreement under which the contribution of each party to addressing the externality in question is specified. The common rules of the play are found in a joint agreement, not unilateral punitive measures. This approach can be expanded on and on. Like, the phones are too expensive, they must be below this price point that I have determined, etc.
- commoner 4y agoA requirement to provide security and OS updates for 3-5 years affects EU-based companies just as it affects non-EU companies, so I don't see your point. Many phones sold by both EU and non-EU manufacturers don't meet this requirement. These new rules apply equally to all manufacturers, and would not give a special advantage to EU-based ones. Any government has the authority to regulate commerce in its own jurisdiction, and nobody is proposing price caps for anything. If you are a phone manufacturer that steadfastly refuses to provide security and OS updates for 3-5 years for any of your phones, then you are free to not sell them in the EU.