The E.U. making life difficult for U.S.-based monopolists, and the U.S. making life difficult for E.U.-based monopolists? For a net effect of life being difficult for all monopolists?
Well, that sounds like a wonderful idea!
I am all for it. Through this model, we might actually enjoy effective antitrust enforcement, and escape regulatory capture! Who would have thought that this day would ever come? Once again, it turns out I have been too cynical all my life.
"effective antitrust enforcement, and escape regulatory capture"
Give me an example where Antitrust was actually breaking any monopoly.
In the EU and the Microsoft antitrust case, the remedy was to give the best poison to the competitors (free software Samba in that case) in that case royalties over patents.
Antitrust don't work, fines are too low, remedies are not working, and the administration is biased and politicized.
> The E.U. making life difficult for U.S.-based monopolists, and the U.S. making life difficult for E.U.-based monopolists? For a net effect of life being difficult for all monopolists?
Its not only for monopolists. The first victims of regulatory moat-building are always small businesses and individuals.They cant pay the fines.