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Painful day for tech titans as EU finally sinks its regulatory teeth into them
(www.theguardian.com)
This is a most excellent place for technology news and articles.
Well, in some sense this is architecturally correct. That corps from one country may lobby its politicians, but the network effect would be broken by other important countries' politicians not going along with that.
Looking like that - there's nothing US institutions could do in the context of human nature, and for EU we can say "about goddamn time".
Just a weird thought.
Lol sure. First of all "lobby" is a very transparent euphemism for "bribe". In second place the lack of proper rules in the US is creating behemoths that are very difficult to deal wIth. These companies are richer than nations and will be impossible to contain.
Home country politicians are easier to bribe. This creates sort of relativity of the same kind that prevents too large wars from happening.