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szszrk 6 hours ago

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 just quit themselves.

Recent political and technical events makes me question why do we even attempt to keep such strong relations with megacorp businesses (and, by extension, US gov). We would still be here even if multiple megacorps would die. It would take us decades to build up capacity to have complex tech of our own (fully local). But meanwhile we'd be just fine, just less trendy.

benoau 5 hours ago | parent | next [-]

The DMA and DSA already allow fines up to 10 - 20% of global turnover (effectively 30 - 40% of annual profit) and breaking up noncompliant companies.

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.

szszrk 4 hours ago | parent [-]

That's a similar scale as GDPR violations. And EU companies I worked with were always very serious about GDPR regulations, even if their internal training confirms fines were always really small compared to maximums.

US doesn't care about warnings and small fines, though. If penalties are not enforced, it's like they don't exist.

anthk 4 hours ago | parent | prev [-]

Block FB at IP level. Every domain, from FB to WA to IG and whatnot. No access from Europe unless you comply with privacy laws.