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The end result may be nobody selling phones there anymore. Really? Are you claiming that capitalists are so much of a fool that instead of making, say, half th
by webmobdev 3y ago
The end result may be nobody selling phones there anymore.
Really? Are you claiming that capitalists are so much of a fool that instead of making, say, half the profit they were making before in an unregulated market, they would readily prefer to make 0 profits? The reality is that if American BigTech exit the EU market, then some local or non-American competitor will step in to fill the vacuum. Or have you already forgotten that the European Nokia once dominated the mobile phone industry?
- astrange 3y agoYes, I'm aware of how economic protectionism works. The reason Nokia instantly failed when the US entered the market is because their products were bad and nerdy and they couldn't do good software. eg when they got an iPhone and their reaction was to do low level optimizations of their boring UI to make it 60fps instead of having a nice UI instead.
- webmobdev 3y agoNokia failed because Microsoft sent a trojan horse to them. Nokia died because of Microsoft.