3 ms·

And FAANG and US Tech can happily decide not to serve EU users, making space in the market for local competition. It doesn't sound like EU is really doing bad

by izacus 3y ago

And FAANG and US Tech can happily decide not to serve EU users, making space in the market for local competition. It doesn't sound like EU is really doing bad here.

pb7 3y ago
Is it competition if the only way it can exist is if there are no other players, especially from far more technically competent countries like the US and China?
- izacus 3y ago
  Yep, and it can even be healthy for local markets. See what how US is protecting themselves against China ;)
  - Nasrudith 3y ago
    Monopoly is competition. War is peace. Freedom is slavery.
    - izacus 3y ago
      Who's having a monopoly except the companies being whapped with regulation? ;)
      - xvector 3y ago
        If you can't keep up the pretense of a free market, you get sanctioned. The EU can regulate US companies out of the EU but it won't end well for either faction.
xvector 3y ago
There's a reason the EU barely has any successful tech companies over the past two decades. And yet, people will still say "the EU has done nothing wrong!" Tell that to the literal trillions of euros in growth the EU regulated away into oblivion by stamping out any hope for an emerging tech industry.