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I once read that PayPal was not successful outside the US because people outside the US couldn't understand why not just do a normal bank transfer. PayPal realized this and tried lobbying governments outside the US to make bank transfers harder. No idea if this claim is true. How do Americans transfer money? Don't your banking apps allow that?
After decades of trying and broadly failing to regulate American tech corps, at what point does the EU admit that leveling fines against Meta will never stop Meta from being Meta, that American megacorps are essentially ungovernable in Europe (or elsewhere for that matter) and the best course of action is to ban and block them in Europe? Just more fines. Bigger fines, surely this will work eventually... It's been 20…
it's the fact that fines are part of agency's income and it is their best interest(as a bureaucratic agency) to keep them at highest level where companies will still pay them.
Effectively this makes this a tax, enshittifying everything even worse.
if fines were decoupled from agencies, and had exponentially rising curve for repeat offenses, i think that would work better than ban, as much i would prefer for them to get banned.
Earlier quoted context omitted.
Nope. It gets undue hate on Reddit (and by extension HN) but most people who matter in Bruxelles are heavy Politico consumers and leak to them all the time. Them, Table Media, and Indigo Publications will give you the best pulse on what's happening in Bruxelles.
Nope. The simple fact that a politician gives any kind of quote, let alone an interview, to politico is a clear sign he/she is on the declining part of a political career. A bit like how using "Bruxelles" in a comment about the EU is a giveaway that your British and/or a (former?) brexiteer.
"Bruxelles" is the official French spelling, and French is the city's most spoken language, so maybe they just, you know, live there.
After decades of trying and broadly failing to regulate American tech corps, at what point does the EU admit that leveling fines against Meta will never stop Meta from being Meta, that American megacorps are essentially ungovernable in Europe (or elsewhere for that matter) and the best course of action is to ban and block them in Europe? Just more fines. Bigger fines, surely this will work eventually... It's been 20…
My monkey brain would love to see if corporate strategy would work here: For repeating offenses fines should rise much faster, multiplied by 10x-100x every time, until we find fines so big they are physically unable to pay even if corps would consider liquidating their all global assets. Then lower it just slightly, so that being operational in Europe would produce no financial benefits and see if they'll comply, or…
The issue is nobody wants to pull the trigger because the companies that would get fined or broken up have curried favour with Trump to circumvent these consequences.
After decades of trying and broadly failing to regulate American tech corps, at what point does the EU admit that leveling fines against Meta will never stop Meta from being Meta, that American megacorps are essentially ungovernable in Europe (or elsewhere for that matter) and the best course of action is to ban and block them in Europe? Just more fines. Bigger fines, surely this will work eventually... It's been 20…
https://pluralistic.net/2026/01/01/39c3/#the-new-coalition
In it he espouses going a little further. He posits that other countries should repeal their versions of the DMCA and just start jailbreaking American megacorps' app stores, hardware, software, etc. and providing their own, much cheaper (or free) versions. Free trade has already broken down, what do they have to lose?
As you might guess he puts it a lot better than I do.
After decades of trying and broadly failing to regulate American tech corps, at what point does the EU admit that leveling fines against Meta will never stop Meta from being Meta, that American megacorps are essentially ungovernable in Europe (or elsewhere for that matter) and the best course of action is to ban and block them in Europe? Just more fines. Bigger fines, surely this will work eventually... It's been 20…
This talk from Cory Doctorow made the rounds on HN when it happened: https://pluralistic.net/2026/01/01/39c3/#the-new-coalition In it he espouses going a little further. He posits that other countries should repeal their versions of the DMCA and just start jailbreaking American megacorps' app stores, hardware, software, etc. and providing their own, much cheaper (or free) versions. Free trade has already broken down,…
After decades of trying and broadly failing to regulate American tech corps, at what point does the EU admit that leveling fines against Meta will never stop Meta from being Meta, that American megacorps are essentially ungovernable in Europe (or elsewhere for that matter) and the best course of action is to ban and block them in Europe? Just more fines. Bigger fines, surely this will work eventually... It's been 20…
the issue isn't fines themselves it's the fact that fines are part of agency's income and it is their best interest(as a bureaucratic agency) to keep them at highest level where companies will still pay them. Effectively this makes this a tax, enshittifying everything even worse. if fines were decoupled from agencies, and had exponentially rising curve for repeat offenses, i think that would work better than ban, as…
and yet there's absolutely no evidence whatsoever that they've done this. The fines that have been levied are easy to pay.
I don't get how blind these institutions are.
After decades of trying and broadly failing to regulate American tech corps, at what point does the EU admit that leveling fines against Meta will never stop Meta from being Meta, that American megacorps are essentially ungovernable in Europe (or elsewhere for that matter) and the best course of action is to ban and block them in Europe? Just more fines. Bigger fines, surely this will work eventually... It's been 20…
The US has for some time fostered an environment where people build and grow businesses. I've started many myself, some totally for fun.
And as it happens some of those US businesses have grown into massive corporations, and yes, some not so great ones too.
I think the EU in general (not everyone of course) leans more in the realm of letting the government take care of everything.
This of course creates dependency, not just on that government, but upon companies who create things that government can't provide.
Because of that dependency upon the government, there isn't any recourse against a business' practices because at some point, the fines and penalties will fall flat.
In the US, a pretty normal response to a bad/annoying/corrupt business is: "ok cool, I'll build a competitor."
If instead of creating a culture of dependency in the EU, one of innovation and creativity was fostered instead, this point in time could be very different.
After decades of trying and broadly failing to regulate American tech corps, at what point does the EU admit that leveling fines against Meta will never stop Meta from being Meta, that American megacorps are essentially ungovernable in Europe (or elsewhere for that matter) and the best course of action is to ban and block them in Europe? Just more fines. Bigger fines, surely this will work eventually... It's been 20…
What you're seeing here is why the US has such a massive amount of leverage over the EU. The US has for some time fostered an environment where people build and grow businesses. I've started many myself, some totally for fun. And as it happens some of those US businesses have grown into massive corporations, and yes, some not so great ones too. I think the EU in general (not everyone of course) leans more in the real…
Your understanding of business in EU countries seems to be make-believe and personal fantasy.