Re:EU Pushes Ahead with Big Tech Antitrust Enforcement
by ashoeafoot on Friday March 21, 2025 @04:43PM
(#43440609)
TikTok?
Re:EU Pushes Ahead with Big Tech Antitrust Enforcement
by dmix on Friday March 21, 2025 @04:53PM
(#43440707)
There is no law in America requiring domestic joint ventures.
The Tiktok law gives the US gov power to ban social media companies controlled by a "U.S. foreign adversary" (only 6 countries) and offers the chance for divestment, but doesn't require moving operations to the US. https://en.wikipedia.org/wiki/Protecting_Americans_from_Fore...
Apple has a company called GCBD running their iCloud so the Chinese gov can access it https://www.nytimes.com/2021/05/17/technology/apple-china-ce...
Google, LinkedIn, Uber, etc left China. Meta refused to do a joint venture so never entered the market. The only big American names who did a joint venture were Apple and Tesl