I admit I didn't cross check every detail here, but this article reads a lot like American "pro business" literature that cries about regulation stifling innovation, hurting American international competitiveness, etc.
The conclusion that the EU must stop fining American tech businesses does not follow from the evidence presented. I am willing to take them at their word that EU regulators are overly fixated on Meta and Google specifically... except here we are in a thread about Uber.
The principle that fines for bad behavior should be doled out to citizens is noble, but laughable. Is there any precedent for that anywhere in any developed nation state in the last 50 years? I'm not talking about damages in civil suit, I'm talking about proceeds from fines being directly redistributed to citizens.
Overall, I am very happy that, as an American, the EU is stepping up to govern and regulate American businesses, while the US federal government itself continues to extend its decade-long vacation from governing.
The conclusion that the EU must stop fining American tech businesses does not follow from the evidence presented. I am willing to take them at their word that EU regulators are overly fixated on Meta and Google specifically... except here we are in a thread about Uber.
The principle that fines for bad behavior should be doled out to citizens is noble, but laughable. Is there any precedent for that anywhere in any developed nation state in the last 50 years? I'm not talking about damages in civil suit, I'm talking about proceeds from fines being directly redistributed to citizens.
Overall, I am very happy that, as an American, the EU is stepping up to govern and regulate American businesses, while the US federal government itself continues to extend its decade-long vacation from governing.