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You absolutely can, because the companies providing tech services need to get paid, either from local companies buying ad space, or directly from their users, a
by vkou 2y ago
You absolutely can, because the companies providing tech services need to get paid, either from local companies buying ad space, or directly from their users, and you can just block payment to non-compliant firms.
Given America's hostile stance to its former allies, joint ownership and technology transfer agreements as a condition for its firms operating in the EU market sounds more than reasonable. If US firms aren't happy with this, they can always lobby to impose similar restrictions on foreign big tech firms operating in the US...
If there were any.
The problem with flipping the table and starting a trade war is everyone loses... And the correct response to someone starting lose-lose games is tit-for-tat. Maybe big tech firms will think twice before throwing their support for an anti-trade candidate. (They absolutely could have used their position in media to stop this insanity, if they wanted to, but now we all have to lie in the bed they've made.)
- nonethewiser 2y agoAd spots dont need to come from local companies. And if they are collecting data against EU regulations how do they stop them? They already aren’t complying with the joint venture in this hypothetical. They dont pay the fine. Then you have to ban them. Thats the dynamic in China. You have a domestic company that owns the operations and is fully regulated bu the host country. And you have to ban anyone that doesn’t cooperate with that model.
- blackqueeriroh 2y agoTechnology transfer agreements are legalized theft.
- vkou 2y agoIf you don't like the rules, you're free to not do business in a sovereign's jurisdiction.
- nonethewiser 2y agoYes. And then this comes back to the original question: how do you prevent EU users from access their services?