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How the EU Weaponizes Regulation to Extract Billions from American Tech
- hunglee2 2y agoExtra territoriality is well established in international law - if you provide services to, or extract data from the EU, you are subject to EU laws. US tech will simply have to comply or withdraw services.
- Ekaros 2y agoI really see no reason why digital should be any different from physical goods. If you want to sell something in other country you have to follow regulations there. Which is fair enough. You can always choose not to do business in other countries.
- rightbyte 2y agoAs a user I am totally fine with having the service provider's local laws apply though. It is easier for me to choose a different provider than to move myself and my family to another country with better laws. Compare 'Chat control' debacle.
- pestatije 2y agoIts give and take: we could make the statement "american tech weaponizes tax discrepancies to extract billions from EU countries"
- herbst 2y agoAlso data that is illegal to collect and process in Europe but standard for Facebook and co.
- actuallyalys 2y ago> The EU often imposes fines mere weeks or days after compliance deadlines pass, suggesting this kind of extraction is a feature, not a bug, of the regulatory regime. This argument is strange to me. If a local road changes its speed limit and on the same day the new limit takes effect, I get pulled over for driving too fast, that seems expected? I guess I could see the argument that the companies don’t have enough time to make the necessary changes to adhere to the law, but then you should be advocating for the law taking effect at a later date rather than regulators being slow to issue fines when they are in full effect.
- jaggs 2y agoJust to add that these deadlines are typically given years in advance, to give companies a chance to prepare and comply.
- markus92 2y agoSome of the big tech mentioned are fined a lot heavier than others on some of those regulations. For example, Apple has barely received anything under the GDPR. Why? They don't collect unnecessary user data with shady "consent". Microsoft also doesn't seem to be struggling too much with the DMA or DSA, just the usual anti-trust stuff they always seem to get themselves in. But their gatekeeper obligations don't seem to be a problem whatsoever. The EU has been clear for years they're fed up with the behavior of big tech with some of those things. If you don't want to listen, you have to feel the consequences. Easy as that.
- lofaszvanitt 2y agoPreviously on Earth about trampling on privacy: ........
- robotmonsters 2y ago"vague, ever-shifting rules" seems a bit disingenuous. I can understand GDPR (and I'm no lawyer) but the whole of 'American Tech' can't?