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Big tech face EU blow in national data watchdogs ruling

reuters.com

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Re: Big tech face EU blow in national data watchdogs ruling

#2
What is it with the British Isles and their "job specialization" in arbitraging / milking the economy of continental Europe?

From the financial rent seeking of London, to the tax and privacy regulatory arbitrages of Ireland the same pattern of exploiting arbitrarily erected information walls to evade scrutiny and accountability.

Of course this is a tango that takes three to dance...

Re: Big tech face EU blow in national data watchdogs ruling

#3

What is it with the British Isles and their "job specialization" in arbitraging / milking the economy of continental Europe? From the financial rent seeking of London, to the tax and privacy regulatory arbitrages of Ireland the same pattern of exploiting arbitrarily erected information walls to evade scrutiny and accountability. Of course this is a tango that takes three to dance...

With Ireland, this was intentional by the EU to bring the then new member closer to the rest, economically.

Now that Ireland has passed most of the rest of the EU in GDP per capita, it's time to pull that back, and that's starting to happen.

The UK...well... ¯\_(ツ)_/¯

Re: Big tech face EU blow in national data watchdogs ruling

#4

What is it with the British Isles and their "job specialization" in arbitraging / milking the economy of continental Europe? From the financial rent seeking of London, to the tax and privacy regulatory arbitrages of Ireland the same pattern of exploiting arbitrarily erected information walls to evade scrutiny and accountability. Of course this is a tango that takes three to dance...

You think this stuff doesn’t go on in Paris or Frankfurt? Luxembourg is a whole city state dedicated to this kind of thing.

They’re just better at keeping under the radar and probably have better PR.

Re: Big tech face EU blow in national data watchdogs ruling

#5
post #4

What is it with the British Isles and their "job specialization" in arbitraging / milking the economy of continental Europe? From the financial rent seeking of London, to the tax and privacy regulatory arbitrages of Ireland the same pattern of exploiting arbitrarily erected information walls to evade scrutiny and accountability. Of course this is a tango that takes three to dance...

You think this stuff doesn’t go on in Paris or Frankfurt? Luxembourg is a whole city state dedicated to this kind of thing. They’re just better at keeping under the radar and probably have better PR.

The former PM of Luxembourg was also the head of the EU.

They're running the dog and pony show.

Re: Big tech face EU blow in national data watchdogs ruling

#6
How about actually supporting the European Tech industry instead of just adding endless bureaucracy?

Ban Oracle and Microsoft from public procurement and start supporting the European equivalent of Baidu or Yandex. With ARM (prior to the acquisition), Linux, MariaDB, etc. - Europe was in a great position to do this.

We need to stop this digital colonialism where massive, monopolistic US corporations pay no taxes in Europe, and then take all the profits back to the US where they pay 3x the salaries - only supporting the US economy.

Re: Big tech face EU blow in national data watchdogs ruling

#7
post #6

How about actually supporting the European Tech industry instead of just adding endless bureaucracy? Ban Oracle and Microsoft from public procurement and start supporting the European equivalent of Baidu or Yandex. With ARM (prior to the acquisition), Linux, MariaDB, etc. - Europe was in a great position to do this. We need to stop this digital colonialism where massive, monopolistic US corporations pay no taxes in E…

Why judging things by their capacity to pay taxes?

Taxes are about the least thing that matters for society. You complain about incompetent bureaucracy but who do you think manages taxes?

Good service, privacy, innovation, these are the questions.

Re: Big tech face EU blow in national data watchdogs ruling

#8
post #5
post #4

Earlier quoted context omitted.

You think this stuff doesn’t go on in Paris or Frankfurt? Luxembourg is a whole city state dedicated to this kind of thing. They’re just better at keeping under the radar and probably have better PR.

The former PM of Luxembourg was also the head of the EU. They're running the dog and pony show.

It goes on everywhere. New York is the same.

Ireland is an outlier in the fact that her ascendancy coincided with the US tech boom and language was an advantage. You have a very awkward situation developing and the current political leaders don't have the imagination to get out of it.

The UK is an outlier because though they had a far more robust and diverse economy they threw everything into finance and have just burned any bridges back.

Re: Big tech face EU blow in national data watchdogs ruling

#9

What is it with the British Isles and their "job specialization" in arbitraging / milking the economy of continental Europe? From the financial rent seeking of London, to the tax and privacy regulatory arbitrages of Ireland the same pattern of exploiting arbitrarily erected information walls to evade scrutiny and accountability. Of course this is a tango that takes three to dance...

London is an exercise in marketing, to see how far peoples suspension of disbelief can be stretched whilst being a net drain on a country it isn't even strictly part of, and a drain the world as a whole.

It is amazing to see how Brits outside of (hell, even in) London live, the British countryside has some of the poorest areas in western Europe. Evidence marketing is effective!

Re: Big tech face EU blow in national data watchdogs ruling

#10
post #6

How about actually supporting the European Tech industry instead of just adding endless bureaucracy? Ban Oracle and Microsoft from public procurement and start supporting the European equivalent of Baidu or Yandex. With ARM (prior to the acquisition), Linux, MariaDB, etc. - Europe was in a great position to do this. We need to stop this digital colonialism where massive, monopolistic US corporations pay no taxes in E…

I'd rather ban fb, twitter, tiktok
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