4 ms·
These "You broke our arbitrary rules, therefore we fine you x% of your income" schemes are just a roundabout way for the EU to put an income tax on foreign corp
by caekislove 2y ago
These "You broke our arbitrary rules, therefore we fine you x% of your income" schemes are just a roundabout way for the EU to put an income tax on foreign corporations. It's going to blow up in their faces when companies start deciding that access to a shrinking European market just isn't worth the cost and hassle.
- surgical_fire 2y agoOoh please let this be true. When Apple stops selling their shitty hardware here, can they take home Google and Facebook too?
- sieabahlpark 2y ago[dead]
- pertymcpert 2y agoI've never accidentally bought an Apple product so I don't really know what you're complaining about. Do you find it an issue?
- colechristensen 2y agoThey're not arbitrary. If they were overly precise, a trillion dollar company would find every loophole for years and years. There are 450 million people in the EU, nobody thinks Apple is just going to casually walk away.
- pyrale 2y ago> when companies start deciding that access to a shrinking European market just isn't worth the cost and hassle. Aka never. First off because they would get shredded by their investors, and second because the competitors emerging in that void would end up being threats in the future.
- dmitrygr 2y agoIf you think that something comparable to a modern phone operating system and hardware will “just spring up” you’re delusional. If somebody was capable of producing more powerful phones than the iPhone, they’d be doing it already.
- pyrale 2y agoJust look at what happened in China for an example of what a protected market will do.
- caekislove 2y agoThe China whose economy has been imploding over the last year? good luck to Europe if they want to emulate the Chicoms.*eyeroll emoji*