Re:ByteDance won't sell TikTok U.S. operations to Oracle or ...
by mrtksn on Wednesday September 16, 2020 @01:57AM
(#24489953)
obviously we are talking about companies that do their business over the internet(not only social networks, pretty much anything that can scale fast). There’s nothing new for those who need physical local presence or sell goods that go through regular customs. If US App&website banning becomes a thing you can expect to be able to continue selling wine to France as before but loose access to the French Ad market without properly incorporating In France(making it illegal to Buy ads or run ads from companies that don’t meet a set of regulations that only a local company can meet ).
US companies are welcomed because they provide investment, jobs, resources and opportunities that weren't otherwise available or developed domestically. This has absolutely nothing to do with free speech (which again isn't a law and isn't even the same in other countries).
China specifically acts against free trade and is now being treated the same way (after decades of being unfairly tolerant to them). This is no different than tariffs and sanctions against other troublesome nations. Nobody is going to start blocking US companies because of this.