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Re:US to ban transactions with ByteDance and WeChat in 45 days by zwaps on Friday August 07, 2020 @03:49AM (#24079410)
But does this exact argument not also justify the US and Europe to pursue their own interests?

Isn’t that what Trump thinks he is doing?

I mean, there is plenty of countries around Europe that are sort of doing worse than China, but are still strongarmed by these Chinese.

Maybe the EU should also get in on this, not allowing any Chinese firms onside our borders. After all, our companies are even more fragile.

A call for global protectionism, in other words.

Re:US to ban transactions with ByteDance and WeChat in 45 days by bleepblorp on Friday August 07, 2020 @05:08AM (#24079912)
There's a very good case that the EU should limit both Chinese and US tech sector market access both for security reasons and to help build a viable European tech sector.

European data should be controlled in Europe, not on US or Chinese clouds and subject to the CLOUD Act and its Chinese equivalent. Lack of data sovereignty is a major threat to European sovereignty in general.

Confiscating the economic value of existing non-EU tech sector firms in Europe, as the US is doing with TikTok and WeChat, isn't the best way to make this happen, however. Buying existing assets at market value is a fairer approach.

Re:US to ban transactions with ByteDance and WeChat in 45 days by cblconfederate on Friday August 07, 2020 @12:41PM (#24083866)
The EU protects all sorts of industries, glaringly agriculture with CAP. I can see a case why we should have regulated social media, search and shopping platforms (which are highly monopolistic) a decade ago. The EU did not do any of that, and it's left with virtually zero digital footprint. Considering the importance of the digital economy for growth, it's quite logical to regulate itself to the the creation of a local market.
Re:US to ban transactions with ByteDance and WeChat in 45 days by fendy3002 on Friday August 07, 2020 @01:25PM (#24084376)
Half joke question, if EU managed to deliver their own social media restricted in EU, what will be the main language?
Re:US to ban transactions with ByteDance and WeChat in 45 days by cblconfederate on Friday August 07, 2020 @01:37PM (#24084509)
Klingon