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They have EU warehouses now. They're subject to EU legal process at this point. EU consumers can vote with their wallets, and seems like they're fine / apprecia
by maxglute 1y ago
They have EU warehouses now. They're subject to EU legal process at this point. EU consumers can vote with their wallets, and seems like they're fine / appreciate TEMU business model and externality dumping (and middle man cutting). MOST of the world lives on cheap (affordable shit) without everything burning down and collapsing (at a higher rate sure), consumers in developed economies where products are questionably overbuilt - past some point safety is another avenue for regulatory capture - which is just parasitism on other spectrum. Maybe the problem is people don't want to pay 10000% more for "safer" items. Maybe all they're fine with marginal more deaths for significant less costs. The problem with regulatory wank is at regulatory treadmill doesn't always lead to market conditions consumers really want. Maybe most of it is correct, or maybe it is not.