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by nickff
642 days ago
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> "What does work is making it easy to do business - cutting bureaucracy - and tax breaks. No one wants the headache of starting a business here. And the few that do, against all odds, get something off the ground, they quickly move their corporate headquarters to more tax friendly nations." I am not an insider who has any special knowledge of the motivations of companies exiting Europe, but I suspect that those companies are at least as worried about regulatory uncertainty as they are about tax rates. The EU has a history of suddenly killing 'undesirable' business models and products through regulation. The EU also seems to make it generally difficult to scale up and scale down businesses, due to labor market regulations; if you're having a rough spell, you basically can't lay off your least productive workers and try to 'regroup', you might as well just sell off the productive business units, and shut down. |
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I think you're trying to refer to the Digital Markets Act indirectly at least with part of your comment.
Actually, I mostly believe in this regulation. Gatekeepers are a new kind of monopoly/government. This, too, discourages innovation. The US should have a spine against these companies. I'm glad the EU is, at least, trying to.
It also doesn't really affect small business. Or, indeed, helps them. I hope they can, in the end, force Apple to allow more than safari browser on iphones so PWAs can be a real thing.
GDPR, on the other hand, is hell for small businesses. It's complicated and scary. Understanding and implementing the rules is expensive. It's broader than you think - restaurants, for example, are often technically breaking the rules. Most businesses are breaking the rules somehow without knowing it. This is the sign of bad law.
From a consumer perspective, the cookie thing was just not thought out and extremely negative. Bad rules written by unthoughtful legislators. If they wanted to ban third party tracking, they should have just done that.
With respect to labor rules, I generally agree.