4 ms·
So the repercussions are more competition and less large companies buying smaller companies and running them into the ground?
by beckingz 4y ago
So the repercussions are more competition and less large companies buying smaller companies and running them into the ground?
- _aavaa_ 4y agoNo, the repercussion is that a country other than America is deciding whether or not one American company is allowed to buy another American company. Then replace America which the country name of your choosing.
- lopis 4y agoThese companies operate int he UK and in the EU. Naturally, they must follow local laws and abide to local rulings, otherwise they are not allowed to operate. This is nothing new. GDPR is mandatory to all American companies that want to operate in the EU as well. What's the confusion?
- _aavaa_ 4y agoGDPR applies to the actions that companies can take in the EU and how they must interact with EU citizens. It does not apply to non-EU citizens. This is the UK making decision of how Meta must act with respect to non-UK citizens and in areas other than the UK.
- nextaccountic 4y agoDid you know that American sanctions are applied even to non-American companies doing business with non-American companies?