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by Veratyr 3290 days ago
This would only be possible if EU companies were violating US laws or regulations. Given that EU laws and regulations are typically more restrictive than those in the US and EU companies are already required to comply with them, it seems less likely that an EU company would be fined by the US than a US company fined by the EU.

And I, as a consumer, hope that the opposite happens. The lack of regulation in the US may be great for corporations but it's definitely not for consumers. When it comes to things like privacy, most of the features I get from US companies seem to be a result of EU regulations.

Note: I live and work in the US for a major US company. I just prefer to have consumer rights than a minor bump to my stock portfolio value.