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The big US companies have made it clear that they will give out data held by subsidiaries, even if this is illegal eg under European law.
by justincormack 13y ago
The big US companies have made it clear that they will give out data held by subsidiaries, even if this is illegal eg under European law.
- einhverfr 13y agoThat means the best option is not to use wholely owned subsidiaries and instead have a partnership with the parent owning a large plurality but non-controlling interest (say 10 partners from various countries, with the parent owning 49.9% of the subsidiary). You can set the agenda, more or less run things how you want, but anything you try to do as shareholder can be vetoed by the other 9 acting in unison.
- jjh42 13y agoIs this true? genuine question - have these companies stated this or done so in the past?
- justincormack 13y agoYes, this has been an issue for a few years now eg see http://www.zdnet.com/blog/igeneration/eu-demands-answers-over-microsofts-patriot-act-admission/11290 http://www.zdnet.com/blog/igeneration/eu-demands-answers-ove...