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There’s a lot of countries and they all have different rules. Twitch likely isn’t regulated as a video game streaming service in most of them because there’s n
by Retric 3y ago
There’s a lot of countries and they all have different rules. Twitch likely isn’t regulated as a video game streaming service in most of them because there’s no reason for countries to create specialized rubles around video game streaming vs use some other more generic rules.
Companies really should consult lawyers when expanding to a new country.
- adastra22 3y agoDo you know if twitch is regulated in SK? Or is this just an aside?
- s1artibartfast 3y agoKorea is fining them. Presumably they have some regulatory basis, and it isnt just a shakedown with no attempt at justification.
- adastra22 3y ago“Regulated industry” is something very specific and different from general commerce regulation. Banks are regulated industry. If you want to start a bank you have to submit your business plan to regulators for approval, and then operate within very strict rules with criminal penalties for intentional deviation, and government inspectors who come by to make sure everything is by the book. Twitch, a video game streaming service, being regulated in the way investment banks and nuclear power stations are regulated is a weird claim to make.
- petesergeant 3y ago> “Regulated industry” is something very specific ... different from general commerce regulation Telecommunications is generally a regulated industry in most countries, as is broadcast media > Twitch ... being regulated in the way investment banks and nuclear power stations are regulated is a weird claim to make You are literally responding to an article that explicitly says Twitch was fined by the regulatory body in charge of telecommunications, not a "general commerce [regulator]"
- Guvante 3y agoOften the rules that require things of a company have penalties for non-compliance. Those penalties don't always have exemptions for stopping service. In fact it might have the opposite to avoid trying to put political pressure by doing that. Doesn't mean it is a regulated industry which is actually a very narrow term. Remember you are generally required to follow regulations to collect sales tax which covers almost every company. That doesn't mean you are a regulated industry.
- s1artibartfast 3y agoWhat is a regulated industry? I'm not aware of it as a legal term. Basically all industries are regulated in my understanding to a greater or lesser degree. Even in a lesser one, you can run up against those regs
- adastra22 3y agohttps://dictionary.cambridge.org/us/dictionary/english/regulated-industry https://dictionary.cambridge.org/us/dictionary/english/regul... Medicine is a regulated industry. You can’t work as a doctor without an MD and good standing with the local licensing agency. Banking is a regulated industry. You can’t start a bank without first asking permission. Your employees are held to higher standards than other industries, and with criminal repercussions for intentional or negligent violations. Etc.
- s1artibartfast 3y agoNot a very operational definition. You can't start a hot dog stand without permission either.
- ShamelessC 3y agoThat’s because restaurants are, believe it or not, also a regulated industry.
- 3y ago
- Log_out_ 3y agoKorea is very good at recreating things better. Introducing Samsung stream..
- mariusor 3y agoThey decided to stop their business in Korea due to unreasonable networking fees. It was discussed here some months ago: https://news.ycombinator.com/item?id=38539167 https://news.ycombinator.com/item?id=38539167