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Market populations (2011) speak volumes | 209 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
Doesn’t matter what the EU says: The card companies will do as they are told by the US Govmnt
Authored by: Anonymous on Tuesday, November 20 2012 @ 04:58 PM EST
Yes the EU does matter. Ask Microsoft, who were fined
billions by EU for antitrust violations.
If the EU gets concerned, even US corporations listen and pay
up.
Did the US Government step in to protect Microsoft from
the record fines levied?. NO!
This is because business is global and loss of a market on
somebody's principles is not good business.

[ Reply to This | Parent | # ]

Got that wrong
Authored by: Anonymous on Tuesday, November 20 2012 @ 05:11 PM EST
An EU declaration of non-compliance means you can't do business anywhere in the
EU. You US guys want that?

[ Reply to This | Parent | # ]

Not at all right.
Authored by: Anonymous on Tuesday, November 20 2012 @ 06:47 PM EST
If you want to do business in the EU you have to listen to the EU's laws (or be
fined painfully high amounts and have your executives thrown in jail). Due to
the nature of public companies they are required to do what is best for their
shareholders. A company like Mastercard or Paypall wouldn't only lose money by
withdrawing from the EU as the EU is a very big market, they would be sued in
the US for doing so and lose even more money and/or have there executives go to
jail for it.

[ Reply to This | Parent | # ]

Market populations (2011) speak volumes
Authored by: Anonymous on Wednesday, November 21 2012 @ 01:01 PM EST
The last time I looked the figures speak for themselves:-

US 311,000,000

EU 500,000,000

Tells you where the commercial interest lies. No multinational can ignore that
difference. The days of the US Commercial Empire would seem to be over.

[ Reply to This | Parent | # ]

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