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by ucaetano 3005 days ago
Which goes back to the point of loving to target American companies.
2 comments

European here and I feel this is a bit shortsighted. Not really sure the sentiment is to target US companies (if for nothing else ours are quite open/interconnected economies and there's lots of fondness for US services - check both market share as well as revenues) but really.. Facebook's tax of 5k/year in the UK, the double irish with a dutch sandwich, the backroom deals from the 80s with the Irish govt.. these are global practices which truly devastate everyone in the long run. I actually trust bureaucrats to step in and audit - and subjectively think they very often do a decent job of explaining rationales given europeans' known tendency of bickering on pretty much everything.
> European here

Same.

> Facebook's tax of 5k/year in the UK, the double irish with a dutch sandwich, the backroom deals from the 80s with the Irish govt.. these are global practices which truly devastate everyone in the long run.

And are all legal, and designed as so by the government. Auditing won't make a difference, since it is legal. Don't like it? Make it illegal. Simple as that.

> actually trust bureaucrats to step in and audit - and subjectively think they very often do a decent job of explaining rationales given europeans' known tendency of bickering on pretty much everything.

Oh, no issue with that. My issue is with this:

> Or Google and Facebook will be held to a higher standard of compliance.

They are (making it illegal) but they are making the law broad enough that it’s going be difficult to circumvent by lobbyists.
Lobbyist don't circumvent the law, politicians do.
This would be a valid point or topic of debate should the subject be an actual law (the 70 years copyright law for instance?)

What we're dealing with here is loopholes and nothing more under various incarnations - take patents in the US or the lax tax policies of Malta or Isle of Man as an example - and you'll get a sense on why a bit of cleaning up is sorely needed.

> What we're dealing with here is loopholes and nothing more under various incarnations - take patents in the US or the lax tax policies of Malta or Isle of Man as an example - and you'll get a sense on why a bit of cleaning up is sorely needed.

Oh, I agree, it definitely needs cleaning up.

> Or Google and Facebook will be held to a higher standard of compliance.

Than whom else? VK? Baidu? ICQ?

If you also attribute, say, US rules about lead content in children's toys to a "love of targeting" Chinese companies, then sure.

Otherwise, it would be a good idea to at least accept the possibility of sincerity when different polities want different rules than the US.

Indeed. It's about targeting misbehaviour.

Suggesting that US companies should be above reproach or oversight, by definition, or that the EU would treat local or Asian companies who tried to pull the same stunts more generously is not based on evidence.

If US corporates try to flout European law, they'll suffer consequences. Market cap does not provide a free pass for being a bad actor.

Nobody is suggesting that, quite the opposite, actually:

> Or Google and Facebook will be held to a higher standard of compliance.

Again, I don't see an issue with different rules, I see an issue with this:

> Or Google and Facebook will be held to a higher standard of compliance.