EU Denies Picking on US Tech Giants (yahoo.com)
- Reference: 0176644919
- News link: https://slashdot.org/story/25/03/07/1755246/eu-denies-picking-on-us-tech-giants
- Source link: https://finance.yahoo.com/news/eu-denies-picking-us-tech-163601243.html
> The comments by EU antitrust chief Teresa Ribera and EU tech chief Henna Virkkunnen came after U.S. House Judiciary Chair Jim Jordan and Scott Fitzgerald, chairman of the subcommittee on the administrative state, regulatory reform and antitrust demanded clarifications on the Digital Markets Act (DMA).
>
> "The DMA does not target U.S. companies," Ribera and Virkkunnen wrote in a joint letter dated March 6 to Jordan and Fitzgerald seen by Reuters. "It applies to all companies which fulfil the clearly defined criteria for being designated as a gatekeeper in the European Union irrespective of where they are headquartered," they said.
[1] https://finance.yahoo.com/news/eu-denies-picking-us-tech-163601243.html
They should go after Cloudflare (Score:3)
Especially after the Pale Moon incident and the fact that two independent browser engines (Ladybird and Servo) will probably not make it to mainstream adoption because of web app monopolies that only want Chromium based engines because they are easy to track and advertise to.
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Damn Pale Moon has it rough. Was Cloudflare doing the same thing to WaterFox?
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> Especially after the Pale Moon incident and the fact that two independent browser engines (Ladybird and Servo) will probably not make it to mainstream adoption because of web app monopolies that only want Chromium based engines because they are easy to track and advertise to.
[citation needed]
Because CloudFlare monitors what website requests happen. They don't need to know VPN endpoints, because within minutes of opening a new endpoint, DDoSes start coming out of it. Ditto Tor - people being idiots reveal al
EU needs to make its own tech "giants". (Score:2, Interesting)
How is it that they have no alternatives to google or social media, etc.? Now is the right time to start making privacy focused alternatives.
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There's plenty but when people on a supposed "tech" site doesn't know them how is normal people supposed to?
In just search alone - Brave Search, DDG, Mullvad Leta (VPN required), SearXNG, Startpage and half of those are in the EU.
They should (Score:2, Troll)
They should bully tech giants.
US just straight up banned tiktok because they became competitive with Americans and have been bullying ASML to not deliver to anyone they don't like.
EU makes the rules in EU and it's pretty crazy that the EU just lets foreign company make huge profits by forming monopolies and cartels. EU should show some teeth and if Google, Apple and all don't like it they can just GTFO.
Nothing happened today in Sector 83 by 9 by 12 (Score:2)
We had not seen anything to lead us to suspect they were picking on US Tech Giants, but if they're now suddenly denying it, it makes me wonder what they did.
I agree there not picking there desperate (Score:2, Troll)
The EU is bankrupt and Germany is slipping into a recession so yea the only way to shore up there bank accounts is to go after rich American companies who should just turn off all services to the EU.
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"he types as he sits comfortably in his home, coddled by 80+ years of unhistorical peace in Europe and the world and living a life supported by the wealth of American created through hegemony"
"this shit sucks" and sips a bit of coffee delivered to him via international markets protected by decades of free trade and military alliances
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About sums it up.
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The US' driving foreign policy has not been pro-union to anyone except perhaps Israel so I'm not sure what you mean by that. International union busting with violence and terror is the US' preference. The US has no democratic international impulse, and ever since WWII europe has been the staging ground for continuous war against communists ala Gladio. The US' heel turn and sudden ostensible preference for Russia has about as much meaning and significance as any of John Cena's heel turns.
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I see now you meant pro-EU, I thought you meant pro-worker union.
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It's on you to define why is a trade deficit with the EU is bad.
Most economists take the position they are neither good nor bad, they are just are, you have to look further to make that determination. Seeing as the EU is (or was) a strong ally of the US it's in everyone's benefits to engage in trade with them. Even Trump's Ukraine minerals deal if it went through would have likely created a trade deficit with Ukraine. Would that make the deal bad?
Adam Smith put it this way: “If a foreign country c
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The trade deficit is actually a benefit to the US, because it makes the US Dollar something of a reserve currency. Without that constant net outflow of USD, it wouldn't be so universal.
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This is flat out bullshit misinformation.
The US drove and supported initiatives for uniting Europe before the Europeans even did- before the ink was even dry on the peace treaties.
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Shit- sorry. Just now read that you had thought "worker's union" was meant.
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I did, the other guy actually meant the EU but I meant worker unions
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Ya, I interpreted your response as if "Union" meant what they meant.
Correcting for the context mismatch, your statement was completely truthful.
Way to parrot FSB propaganda-the EU is #1 partner (Score:5, Interesting)
> The EU tries to gaslight about Trap laws to the American political party that invented trap laws.
> Worthless allies, terrible trade partners. American policy should focus dividing the EU so we can cut individual deals with national markets. The whole pro-union position has been terrible foreign policy for us.
The EU is LITERALLY our biggest export market. [1]Did you forget we have Google in the USA [wikipedia.org]. Besides the fact that you're stating Kremlin propaganda, you must also be ignorant of history an how many EU nations stepped in to help us during many of our Middle East escapades, for better or worse for the rest of the world. Despite it not being in their interests, they had our back.
I know the Trump Administration favors Russia over the EU for reasons unspecified, but deprioritizing our longest allies and some of our strongest trading partners is abysmally stupid. This weird pro-Russia Trump bullshit won't last. Once Trump dies and his movement ends, the EU will be there, so will our allies, like Canada, Mexico, Japan, and S Korea. If you're betting on Russia over the EU, you clearly know nothing about the economy, defense, demographics, technology, or even food production. The future for Russia is bleak and for the sake of their neighbors, their demise can't happen soon enough. The EU? They're going to be just fine.
[1] https://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_the_United_States
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> No. i am betting on America.
Good luck. You will need it.
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The only time Article 5 was called upon in NATO's history was the by the United States after 9/11 and as of 2020 19 NATO countries still had active troops in the country. Vast majority were still American but still, we made the call and our allies responded. [1]Coalition casualties in Afghanistan [wikipedia.org]
"Freedom Fries" came later for Iraq II of which there was no Article 5 call (wouldn't qualify) and France decided it was a bad idea and history proved them right in the end on that one.
[1] https://en.wikipedia.org/wiki/Coalition_casualties_in_Afghanistan
Re:Way to parrot FSB propaganda-the EU is #1 partn (Score:5, Insightful)
And even setting politics aside - prioritizing a relatively poor and backwards nation like Russia and its 140 million people over the EU and its 440 million people simply doesn't make much business sense.
Sometimes I think a big driver behind all this downsizing mania is to attempt to minimize the chance that someone in the FBI might do some deep digging into the background finances of these guys - we might learn that a good chunk of Bannon's income has been tied to Russia for decades, or what compromising information exactly Putin has on Trump.
Re:LOL (Score:5, Insightful)
The EU has made it way easier for US companies to sell here. Dealing with individual markets also means that you have to deal with individual customs and taxes, individual rules and regulations, individual certification, individual currencies, and individual trademark and patent offices. A single market is way more accessible and has been a great benefit to US companies. As for trade deals, the EU pretty much bows down to US demands in these... more so than the individual nations tended to do.
As for worthless allies... NATO's article 5 has been invoked once in its history, by the US, after the 9/11 attacks. And in response, its allies stepped up to help.
Don't listen to what Bannon has to say on the EU, he's full of crap. He's the one talking of breaking the EU, hitting Brussels to kill globalism "like driving a stake through the heart of the vampire"
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> Worthless allies, terrible trade partners.
If that were true then why didn't anyone from Reagan onward fix it?
Re:LOL (Score:4, Insightful)
> Worthless allies, terrible trade partners. European policy should focus dividing the US so they can cut individual deals with States . The whole pro-union position has been terrible foreign policy for us.
See how that sounds when you turn it around?
Stop trying to sabotage our allies; ok, MAGA?
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What a succinct example.
Well done.
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I mean maybe they should; that might be in their interests. I don't expect them to NOT try to act in their own interests.
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EU here, of course we try to gaslight. Sure we are terrible trade partners. You always want to be the greatest US, so we just made sure you pay to keep that status up. Don't take it personal. We in the EU now how to do business and you were an easy victim. Especially with that Biden dude. It is a rough world. Too bad that genius Trump is on on us now. Oh well, it was a nice ride. Thanks for all those $$. We'll try to get a bit more out of you by inventing new fines. Don't cry US, you will get over it.
(/s