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Oh, don't worry, this will be rephrased as "it impedes Americans, too, so it's anti American". Despite the fact that the US is doing the exact same thing to ot
by oblio 1y ago
Oh, don't worry, this will be rephrased as "it impedes Americans, too, so it's anti American".
Despite the fact that the US is doing the exact same thing to other economies, especially China.
China has great networking equipment, but it can't be sold in the US. China has great smartphone brands, those can't be sold, either. Chinese electric cars, same.
China obviously is the OG regarding impeding or outright blocking competition with the 51% joint ventures.
Of course it's also protectionism, everyone is doing it.
However where I hear crickets is the actual public benefit/moral angle:
Just because foreign companies that absolutely dominate these markets are the ones being fined the most, does that mean that the ideas behind the fines are wrong?
Working for US companies operating in Europe, I would say that they (and probably Chinese companies - from what I hear) are natural targets: "move fast and break things", everything is US derived in spirit and in action and Europe doesn't work like that (the US is basically: you're smart and/or privileged and you get a decent or great life, if you're neither of those things, go live under a bridge).
Can't both do a lot of gray area stuff to grow unicorns and also not expect to be punished for breaking lots of social eggs.