There seems to be an abundance of the false notion that large corporations are somehow above governments on Lemmy … and that’s simply not true, at least for corporations that want have legitimate business within the country.
EDIT: So as to say … perhaps the commenter (at least in the moment) was a bit awestruck seeing laws apply to tech (which often seems to feel as though it’s above the law in some way).
Myanmar, as a country, has a GDP of 62.26 billion usd.
Google has a market cap of 2.17 Trillion usd and made a profit of $305 billion usd last year.
Google makes more money in profit than moves through Myanmar in a year by nearly 5 times.
If Google chooses not to operate in their country because of some law they don’t like, what’s to stop them?
Google definitely has national government level influence, especially considering the pervasiveness of their product suite. Implying that they’re above the law might be too far, but they for sure influence it.
If the most extreme happens and Google decided that some EU law was too much to deal with compared to the gains, a lot of Europeans could find themselves in a position where Google doesn’t operate in their country. Imagine every Android device becoming unable to use the majority of the service they operate on, or the most common browser, search engine, email service, and video streaming services simultaneously being disabled. I can’t imagine the people will be very happy about that.
It kinda depends where. GDPR in the EU is certainly an example of governments imposing their will on corporations. In the US, not so much, as corporations dump tons of money on lobbying that allow to them influence how they are regulated.
What would be terrifying about it?
Yeah, I don’t see what’s terrifying. Countries can make laws, if YouTube wants to operate in that market it has to follow the laws there.
There seems to be an abundance of the false notion that large corporations are somehow above governments on Lemmy … and that’s simply not true, at least for corporations that want have legitimate business within the country.
EDIT: So as to say … perhaps the commenter (at least in the moment) was a bit awestruck seeing laws apply to tech (which often seems to feel as though it’s above the law in some way).
Myanmar, as a country, has a GDP of 62.26 billion usd.
Google has a market cap of 2.17 Trillion usd and made a profit of $305 billion usd last year.
Google makes more money in profit than moves through Myanmar in a year by nearly 5 times. If Google chooses not to operate in their country because of some law they don’t like, what’s to stop them?
Google definitely has national government level influence, especially considering the pervasiveness of their product suite. Implying that they’re above the law might be too far, but they for sure influence it.
If the most extreme happens and Google decided that some EU law was too much to deal with compared to the gains, a lot of Europeans could find themselves in a position where Google doesn’t operate in their country. Imagine every Android device becoming unable to use the majority of the service they operate on, or the most common browser, search engine, email service, and video streaming services simultaneously being disabled. I can’t imagine the people will be very happy about that.
It kinda depends where. GDPR in the EU is certainly an example of governments imposing their will on corporations. In the US, not so much, as corporations dump tons of money on lobbying that allow to them influence how they are regulated.
‘oh no youtube cant make advertisers money while putting kids in a far right conspiracy rabbit hole how scary’
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A government that hates ads as much as I do. Truly a nightmare scenario
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