Do they have nothing else to do? Something like ensuring regulatory environment that is conducive to having home grown products and alternatives?
grim_io 16 hours ago [-]
Every ease in regulation will immediately be exploited by the foreign monopolies, without a guarantee that it will spawn local competition.
The only guaranteed path is to ban the foreign competition. Like China, Russia, etc.
Needles to say, this is not how EU wants to operate in most cases.
wg0 16 hours ago [-]
Kinda true. But ban isn't the right solution either.
Barrin92 15 hours ago [-]
regulation that makes sure every paltform, foreign or domestic is open and competitive is vastly preferable to national oligarchies. Of course not to people to which this is some strange dick measuring contest but to people who want to maximize consumer choice and welfare.
Rendered at 12:07:13 GMT+0000 (Coordinated Universal Time) with Vercel.
https://socialsci.libretexts.org/Bookshelves/Economics/Intro...
The only guaranteed path is to ban the foreign competition. Like China, Russia, etc.
Needles to say, this is not how EU wants to operate in most cases.