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> The gears of EU turn slowly, but grind finely. What would happen if big companies simply refuse to pay? Will EU put the European employees in jail? Would the
by YetAnotherNick 3y ago
> The gears of EU turn slowly, but grind finely.
What would happen if big companies simply refuse to pay? Will EU put the European employees in jail? Would they put Americans in their jail? Will they do DNS block? Credit card block? Remove apple products from physical store? Many of the EU countries like Germany are export driven and certainly they don't want to close the market.
- mithras 3y agoFor Apple they could just ban iPhones from the market, that should be enough to make Apple comply.
- EraYaN 3y agoApple has so much stuff and money in the EU, that there will be plenty to take. Only recently have the started to take back some of the funds from Ireland. Apple would be in a pretty bad place if those accounts were all seized, not in the last place because it would block all transactions including customer ones, ones to may for servers, rent etc. Apple might look stupid but they aren't that stupid.
- YetAnotherNick 3y agoCan't they take all the money out a month before they are planning to refuse to pay fine? I am pretty sure EU could never block Apple's fund unless they want to totally remove all the business from EU.
- deleted 3y ago[deleted]
- selectodude 3y agoThe EU won’t even seize Russia’s assets. You think they’ll start a shitstorm with the united states?
- asadotzler 3y ago[flagged]
- pertymcpert 3y agoThat's an extreme response and you probably need counseling.
- carlosjobim 3y agoDid you paste that "burn" or did you actually release all that rage to reply to a one-sentence comment? The comment above yours touches on something important. The US might not look lightly at foreign powers treating US companies in that way. The world of business and politics is give and take, it's not a video game where things can be done one-sided without consequences.
- Barrin92 3y ago>The US might not look lightly at foreign powers treating US companies in that way. There's significant momentum in the US against big tech, I fully expect DMA like legislation on the state level in the near future. This isn't being framed as a national/foreign issue but as a democratic and consumer rights one. Same for other regions. Japan, South Korea, the UK are likely to adopt similar laws, India already passed a sweeping crackdown on platforms essentially treating them like public utilities earlier last year.
- dns_snek 3y agoWhat happens when any company fails to pay the government? Their bank accounts are frozen and assets are seized, at a minimum.