Re:U.K. regulators order Meta to sell Giphy
by Teandw on Tuesday November 30, 2021 @10:33AM
(#29393194)
You don't have economic power when you're breaking the law. (Generally)
Re:U.K. regulators order Meta to sell Giphy
by sircastor on Tuesday November 30, 2021 @10:44AM
(#29393349)
I don’t follow this. All kinds of economic power exists outside of legal boundaries, on large and small scales. Everything from street prices for drugs to bribery demands at government levels.
Even laws designed curb market abuse through fines can be considered a cost of doing business rather than a disincentive, making it an economic tool for the perpetrators.
Re:U.K. regulators order Meta to sell Giphy
by Teandw on Tuesday November 30, 2021 @04:38PM
(#29397832)
I refer to this specific situation.
Re:U.K. regulators order Meta to sell Giphy
by Apocryphon on Tuesday November 30, 2021 @02:38PM
(#29396467)
Maybe they could just ban Giphy while it's still Meta-owned?
It's all about economic power. The UK has to think about potential retaliation by the US.
In the end,Trade wars are often bad for everyone. Usually it's beneficial to find a compromise if possible.