This is silly. So a bunch of American companies are refusing to go along with EU regulations that cramp their own monopolistic style. That doesn’t mean they are killing the local tech market.
Europe is in danger of regulating its tech market out of existence
131–140 of 761 posts
Re: Europe is in danger of regulating its tech market out of existence
#132A company that provides a phone service (mobile or other) has to conform to a large amount of regulatory red tape. Why? because either a company before tried to monopolise the entire country, or they killed someone. Now, large tech companies haven't wholesale killed people (unlike say tobacco, or talc powder, 3M and half of their solvents, weed killer, most car makers, etc etc) but they have been trying desperately t…
Nobody is against regulation that disfavors large incumbents to support competition instead. You'll struggle to find people who are against the Digital Markets Act for this reason. It literally only targets the potential monopolists. However, virtually every other piece of regulation does the opposite. Regulation usually gets trotted out after the downside of doing [new innovation] is experienced. This always happens…
I'm against the way it's being applied to Apple. I don't think that the government should dictate that consumers aren't allowed to choose a platform that's a locked down walled garden if that's what they want.
We have platforms that aren't walled gardens (Android) that many of us happily use (myself included), and Apple shouldn't have to become something that it didn't set out to be just because a few other big tech companies feel stifled by Apple's rules.
Re: Europe is in danger of regulating its tech market out of existence
#133Re: Europe is in danger of regulating its tech market out of existence
#134Regulating the tech Market is great for local tech só what happens is pretty the opposite. No country will lose GDP if meta or google leave
Except, it is not. At least not in the situation that the EU is in. Because all regulations are a constant burden on business, small relative to big corporations, huge for medium companies and insurmountable for startups.
The EU has no big players, not a single one! We have a few medium players like SAP and that is it. So, we are already far behind and every weight we load on to drag us down is another nail in the coffin.
Re: Europe is in danger of regulating its tech market out of existence
#135I wish targeted advertising was made completely illegal here, I am sure our society would greatly benefit from that.
I'd just say all advertising. It's effectively money time and effort we just light on fire.
Re: Europe is in danger of regulating its tech market out of existence
#136I wish targeted advertising was made completely illegal here, I am sure our society would greatly benefit from that.
Re: Europe is in danger of regulating its tech market out of existence
#137our colleagues in the US and China are chuckling, so we'll just move our science there.
Re: Europe is in danger of regulating its tech market out of existence
#138Earlier quoted context omitted.
how is europe's economy terrible? by what metric? considering that the EU still has a very large part of the global economy, especially compared to its population and size. Also, the tech industry is not the only part of the economy. large parts of the EU are absolutely massive in terms of industrial machinery and scientific companies. People on HN always seem to forget that a lot of money can be made by making somet…
Maybe terrible is too strong but the trajectory is not great: https://www.euronews.com/business/2024/07/25/germanys-busine... ?
the invasion of ukraine has a major impact on the european economy, but that has very little to do with the article in question...
Re: Europe is in danger of regulating its tech market out of existence
#139Re: Europe is in danger of regulating its tech market out of existence
#140Earlier quoted context omitted.
Nobody is against regulation that disfavors large incumbents to support competition instead. You'll struggle to find people who are against the Digital Markets Act for this reason. It literally only targets the potential monopolists. However, virtually every other piece of regulation does the opposite. Regulation usually gets trotted out after the downside of doing [new innovation] is experienced. This always happens…
> You'll struggle to find people who are against the Digital Markets Act for this reason. It literally only targets the potential monopolists. I'm against the way it's being applied to Apple. I don't think that the government should dictate that consumers aren't allowed to choose a platform that's a locked down walled garden if that's what they want. We have platforms that aren't walled gardens (Android) that many of…