Maybe don't guess and read the article? European data sovereignty and CLOUD act.

dalemhurley 2 hours ago | parent | next [-]

Same thought I had.

guywithahat an hour ago | parent | prev [-]

But "European data sovereignty" is regulatory capture, although it sort of reads like they had a US parent company to attend y combinator and raise money, but are now moving fully to Berlin, which is what they intended from the start.

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1718627440 an hour ago | parent | next [-]

Isn't regulatory capture when a company shapes regulation to achieve business interests? How is this the case here?

	▲	nickff an hour ago \| parent [-]
		Excluding foreign competitors is a classic ‘regulatory capture’-style approach. Regulatory capture is (typically) a ‘bootleggers and baptists’ scenario where there are both good and bad reasons to enact the rules.

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greggoB an hour ago | parent | prev [-]

> But "European data sovereignty" is regulatory capture

This doesn't match my understanding of regulatory capture [0] - is there any evidence that this company specifically orchestrated the EU's data protection laws in order to benefit from by blocking out competitors? Would be unexpected, since laws like GDPR predate its founding.

[0] https://en.wikipedia.org/wiki/Regulatory_capture