3 ms·
Regardless of the merits of the case, it's interesting to see that a UK watchdog is able to exert such power over a US corporation. There's more background here
by petercooper 4y ago
Regardless of the merits of the case, it's interesting to see that a UK watchdog is able to exert such power over a US corporation. There's more background here: https://taxjustice.net/2022/01/18/the-uk-is-breaking-up-facebook-meta-and-almost-nobody-noticed/ https://taxjustice.net/2022/01/18/the-uk-is-breaking-up-face... – they seem to be giving Brexit the credit for UK regulators able to make independent decisions from the EU's own competition regulators
- gambiting 4y agoWhich is of course complete nonsense and UK has had a competition regulator that was effective and able to operate independently of EU even before Brexit. Every EU country can set the rules what companies can operate in every member state and how, and obviously UK was always able to do this. (For a simple example - look at France constantly fining and regulating US tech giants without having to ask Brussels for permission)
- petercooper 4y agoFair enough. I was just going off of what Nick Shaxson, who seems to be quite smart on such matters, said in that post. I'm a remainer myself, so to find any sort of "benefit" in Brexit is very rare indeed.. ;-)
- vanderZwan 4y agoWillfully representing how the EU works is a longstanding tradition of UK media. The EU even has a dedicated page for debunking British tabloid media lies. edit: sadly I can't find it now, newer post-truth issues like Covid-19 seem to drown it out in my search engines
- detritus 4y ago*misrepresenting :) But yes, you're otherwise entirely correct. Our country has been lied to for decades in this regard particularly. Well done them, I guess?
- vanderZwan 4y agoHahaha, of all the times to have a brainfart like that! Thanks :) What surprises me the most is how entrenched that industry is, like it's impossible to get rid of them.
- tremon 4y agohere you go: https://wayback.archive-it.org/11980/20200131183933/https://blogs.ec.europa.eu/ECintheUK/ https://wayback.archive-it.org/11980/20200131183933/https://... The original URL was https://blogs.ec.europa.eu/ECintheUK/euromyths-a-z-index/ https://blogs.ec.europa.eu/ECintheUK/euromyths-a-z-index/ . It seems the EC itself pulled this page, and the live page now redirects to the above page which seems to contain blog-style entries for every item, rather than just a list of hyperlinks to all articles. But the original full list is still available via the wayback machine as well: https://web.archive.org/web/20160329163353/https://blogs.ec.europa.eu/ECintheUK/euromyths-a-z-index/ https://web.archive.org/web/20160329163353/https://blogs.ec.... For three decades, the European Commission London Office’s ‘Euromyths’ initiative tried to shed light on the facts behind stories about the EU in the UK media [..] Those rebuttals are now digitalised and searchable on this archived site, alongside more recent material [..] We hope the site continues to be useful, at least as a historical record of how parts of the British media sometimes presented the EU and how the Commission responded.
- vanderZwan 4y agoThank you!
- p0pcult 4y agoThis has been going on since way before the internet--Texas used to have de facto veto power over public school textbooks, because the Texas Board of Education (or whatever it was named) was the single largest buyer of textbooks. If you're a big enough buyer, then you start to claim some amount of monopsony power.