4 ms·
Broadly I see that EU is engaging in this behaviour a lot where they fine companies with claims of them distorting market but in reality the EU market appears t
by rhuru 3y ago
Broadly I see that EU is engaging in this behaviour a lot where they fine companies with claims of them distorting market but in reality the EU market appears to be less competitive, less innovative and more rent seeking that USA.
- simondotau 3y agoAs an outsider to both the EU and USA, I see similar levels of innovation from corporations and market distortion by governments on both sides. The key difference is that the USA is boastful of their innovation but has epic cognitive dissonance when it comes to government intervention. Whereas the EU is boastful of their market distortions while innovation is often hidden behind language barriers.