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A comment on Congress' push to regulate Big Tech is fizzling out. Parent comment

Re:Congress' push to regulate Big Tech is fizzling out by HWR_14 on Thursday July 21, 2022 @09:32AM (#32179142)
What difference does them being a US company make? They're listed on the NASDAQ? The CEO lives in the US? Seriously, what does it mean to be a US company?

> look at Airbus, InBev or LVMH.

I did. Google's EU division had more revenue than any of those companies worldwide. It seems like Google's EU division (which is an EU company owned entirely by Google) is a bigger EU company than any of those three.

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Re:Congress' push to regulate Big Tech is fizzling out by hpkuarg on Thursday July 21, 2022 @09:52AM (#32179389)
> what does it mean to be a US company?

Easy enough question to answer by looking at the beneficial owners of a company's stock. I'd wager every "US company" as commonly understood is, in addition to being listed on US stock exchanges, headquartered in the US, and having significant operations in the US, is also majority-owned by American citizens.

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Re:Congress' push to regulate Big Tech is fizzling out by HWR_14 on Thursday July 21, 2022 @10:03AM (#32179525)
Interesting distinction. I'm not sure it's possible to confirm this, but I would be interested in the different firms that were listed.

Specifically, I don't know about AirBus and LVMH, but InBev seems to be primarily owned by American based mutual funds.

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