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by josefritzishere 663 days ago
I see a lot of commenters here holding up Brazil's actions to an American yardstick. If you want to do buisiness abroad you have to follow their rules and their norms. They may well have the legal right to revoke charters, size assetts or more in persuit of the collection of a fine. The Oglobo article makes clear they have violated the law. https://oglobo.globo.com/politica/noticia/2024/08/29/moraes-...
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> If you want to do buisiness abroad you have to follow their rules and their norms.

If you want to attract business you have to create a reliable and fair system that people can trust in. Once you break that, it is near impossible to regain.

While true, "reliable" and "fair" don't necessarily have to bend to what foreigners think they should mean.

Heck, Americans don't even agree with each other what those things mean in contexts like this.

You won't ever have a common definition thereof, but looking at capital and human movement, a lot more people trust the US than Brazil with their money and lives.
Indeed, though the stuff the judge here is trying to deal with — regardless of any considerations of if they're doing the right thing, just the problem itself — is in part related to making Brazil safer to live in than it was itself previously.

One could reasonably also argue that the drop-off of advertising to X is itself a sign of lack of trust in Musk's decision making process, his rules, and his reliability.

(And he bought Twitter while claiming Twitter's rules were unfair; as you say, no common agreement).