Comment by nurettin
12 days ago
EU fines of up to 100s of millions of USD haven't stopped these companies from operating overseas. It is unlikely that they would exit a trillion dollar market because of some self-imposed security laws. Rather the opposite, the hardware would have to be free of whatever invasive security measure there is if EU wanted it. But they are rather xenophobic, so the incentives align.
> EU fines of up to 100s of millions of USD haven't stopped these companies from operating overseas. It is unlikely that they would exit a trillion dollar market because of some self-imposed security laws.
That's not what sanctions mean. When the US imposes sanctions on $COUNTRY, US businesses are not able to do business or any type, including charity, with the target country.
The companies would choose to operate in the EU if they could.
The US government is throwing its weight around, appeares to be preparing to illegally annex bits of non-EU land in an EU member state, to sow propaganda to fracture the EU itself, and has already sanctioned EU judges for doing their jobs when their job is against US interests.
Non-zero chance they will not have any choice in this. Gut feeling says we're still a long way short of 50:50, but it's just gut feeling.
>has already sanctioned EU judges for doing their jobs when their job is against US interests.
Wow, this is scary. I assume EU would never punish US companies for doing their jobs when their job is against EU interests?
A judge making a ruling to listen to a case, issuing arrest warrants so those cases can proceed (arrest does not mean proven guilty!), is not supposed to be a valid target.
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Why are you comparing US companies to EU judges? To me it seems like private business in the US is much more involved in the legislative than the judicative branch.