Hacker News new | ask | show | jobs
by LatteLazy 1106 days ago
A better argument is simply that the US routinely (and selectively) enforces its rules well beyond its borders. So why shouldn't anyone else with the clout needed...
1 comments

Can't wait for the chinese or indian SEC to start suing US nationals for different exotic financial wrongdoings on some half hidden rule
You've slipped down quite the slope to go from antitrust of companies operating in the jurisdiction to foreign natural persons.
Not really. When did the Chinese CFTC do something like this to any american?

https://en.wikipedia.org/wiki/2010_flash_crash#Evidence_of_m...

Just for balance, the US had Canada arrest a chinese national who had never been to the USA, for doing business with Iran (and then a bunch of other weird charges)

https://en.wikipedia.org/wiki/Meng_Wanzhou

China then "co-incidentally" arrested 2 Canadians.

The whole thing is a shit show and it would be better for everyone if countries were more reasonable and agreed to avoid a "race to the bottom"

yes, but they were already there right? Not targeted out of country

and also just to be clear, I think this is equally bad when everyone does it

That depends what you mean by "there". She was in Canada, she'd never been to the US.
It is a bad approach, but it's a bit of a prisoner's dilemma: no nation will be the only one NOT to pull BS like that...