SoylentNews is people
SoylentNews
European Union officials have drawn up an aggressive 173-page plan to counter both President Donald Trump's trade moves and American tech giants including Google, Apple, Amazon, Microsoft and Facebook.
According to a document obtained by POLITICO, European Commission officials are pushing their president-elect, Ursula von der Leyen, to set up a European Future Fund that would invest more than $100 billion in equity stakes in high-potential European companies.
The goal: get Europe competing head-on with the American and Chinese tech giants it has lagged behind for decades.
[...] The EU would use a so-called draft "Enforcement Regulation" if the Trump administration succeeds in its efforts to grind the World Trade Organization (WTO) to a halt.
[...] The EU is hoping to emulate past successes, such as its development of the GSM mobile global standard, which fueled the rise of companies such as Nokia.
[...] The document seeks more stringent measures to block Chinese companies from taking part in tenders in Europe to penalize them for the level of subsidies that they receive from the government in Beijing.
https://www.politico.com/story/2019/08/22/europe-plan-trump-tech-companies-1472326
(Score: 0) by Anonymous Coward on Sunday August 25 2019, @09:50AM
Seems very easy? Down the street from me ;) But more seriously, the problem is not them not wanting to sell you. The problem is regulatory. If they sell something to US, they have to comply with US standards. Does the product follow UL standards? Or just CE? Is is certified for UL? And if not, they could just get lawsuits from America for nothing. Fuck, very small companies don't want to deal with America at all because of legal threats about nothing.
If you are Chinese, you don't give a rats ass because China will tell you to pound dirt if you buy something that catches fire. They'll laugh at you for not checking WTF you are buying.