If their HQ is in the USA, they should be required only to follow American laws even if they operate in Europe.
Anybody agree with me?
If their HQ is in the USA, they should be required only to follow American laws even if they operate in Europe.
Anybody agree with me?
On one hand this is actually what the EU based companies and governments already presume to do.
Example: recently fining X 140million.
If X pays then a precedent will be made and we can could force the EU players to do the same in return.
However a tit for tat foreign policy never ends well.
At the moment it's best to let the EU prove that they are the jackasses just by existing...no need to give them any reasons to cloud the issue by having American companies telling EU leadership that they aren't the Boss.
With nothing to fight for the EU crumbles under the weight of their own actions.
All American companies in Europe just need to watch it happen and not get involved.