alt Hacker NewsAfter decades of trying and broadly failing to regulate American tech corps, at what point does the EU admit that leveling fines against Meta will never stop Meta from being Meta, that American megacorps are essentially ungovernable in Europe (or elsewhere for that matter) and the best course of action is to ban and block them in Europe?
Just more fines. Bigger fines, surely this will work eventually... It's been 20 years, its not working. A new approach is needed.
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My monkey brain would love to see if corporate strategy would work here:
For repeating offenses fines should rise much faster, multiplied by 10x-100x every time, until we find fines so big they are physically unable to pay even if corps would consider liquidating their all global assets. Then lower it just slightly, so that being operational in Europe would produce no financial benefits and see if they'll comply, or just quit themselves.
Recent political and technical events makes me question why do we even attempt to keep such strong relations with megacorp businesses (and, by extension, US gov). We would still be here even if multiple megacorps would die. It would take us decades to build up capacity to have complex tech of our own (fully local). But meanwhile we'd be just fine, just less trendy.
Well you have to ask why fines aren’t working. In Meta’s case, recent revelations show that they make choices based on how much they stand to make by refusing compliance and just paying the fine. They decided the fine was small relative to the billions they made. A fine could still work but it needs to reach maybe unprecedented punitive levels.
Per the book “Careless People” Meta started “backing” right wing candidates everywhere (via algorithms, not money) to avoid regulation and taxes as soon as the EU tried to tax and regulate it more - thus leading to a surge of that sentiment all over the EU.
Levy harder fines until they go away? At least some money goes into the union
At some point, EU needs to build an alternative to those corps and that will never happen as long as they keep holding on to their precious pearl clutching regional and linguistic issues. EU needed to be a single country like 10 years ago.
It's very hard to imagine the EU enacting a ban on products that over half of Europeans use, regardless of the theoretical benefits of doing so. It doesn't seem like a practical option.
> After decades of trying and broadly failing to regulate American tech corps, at what point does the EU...
The crux of the matter is it's a subset of the European Parliament versus a subset of EU member states.
When push comes to shove, EU member states can and already do ignore the EP for anything tangentially related to national security, and national politicans don't and won't give up sovereign power to the EU.
Additonally, the incentives of individual EU states with strong US FDI ties and not as strong domestic champions such as Poland, Ireland, Czechia, Luxembourg, and Romania means they fight tooth and nail to ensure American FDI continues. Member states like Hungary and Spain do this for China and Hungary and Austria for Russia.
There's also the added issue of perception - the EP was historically (and for larger states like France and Germany still is) used as a way to sideline unpopular domestic politicans or as a cushy retirement posting. There's a reason VdL is in Bruxelles and not the Bundeskanzleramt.
Plus, European companies have massive fixed capital investments in the US, especially after the IRA [0], so they don't want to face retaliation from American regulators, and are especially cozy with the Trump admin [1].
Also, European politicos also heavy leverage the revolving door of lobbying like their American peers. The "spend a couple years in Bundestag or Bruxelles and then take a cushy gig at Harvard [2][3]" remains strong. Heck, we'd always organize a fest where the wine would flow and European leaders would network with American and European policymakers studying and working in the US or in Europe [4].
[0] - https://flow.db.com/topics/macro-and-markets/us-german-trade...
[1] - https://www.wsj.com/business/retail/trump-bernard-arnault-lv...
[2] - https://www.hks.harvard.edu/about/leo-varadkar
[3] - https://ces.fas.harvard.edu/people/ces-alumni/past-policy-fe...
the issue isn't fines themselves
it's the fact that fines are part of agency's income and it is their best interest(as a bureaucratic agency) to keep them at highest level where companies will still pay them.
Effectively this makes this a tax, enshittifying everything even worse.
if fines were decoupled from agencies, and had exponentially rising curve for repeat offenses, i think that would work better than ban, as much i would prefer for them to get banned.
What you're seeing here is why the US has such a massive amount of leverage over the EU.
The US has for some time fostered an environment where people build and grow businesses. I've started many myself, some totally for fun.
And as it happens some of those US businesses have grown into massive corporations, and yes, some not so great ones too.
I think the EU in general (not everyone of course) leans more in the realm of letting the government take care of everything.
This of course creates dependency, not just on that government, but upon companies who create things that government can't provide.
Because of that dependency upon the government, there isn't any recourse against a business' practices because at some point, the fines and penalties will fall flat.
In the US, a pretty normal response to a bad/annoying/corrupt business is: "ok cool, I'll build a competitor."
If instead of creating a culture of dependency in the EU, one of innovation and creativity was fostered instead, this point in time could be very different.
Hint: the reason why your observations about reality doesn’t match up to your expectations is because the premise you’ve built for yourself is wrong.
This is obvious to the outsider. The premise that you made up for yourself is that Europe wants to change Meta and how it works to protect its citizens. It’s obvious to me that this is not the goal. The goal is to extract wealth from those companies under the guise of consumer protection.
The EU makes more from regulating and taxing US tech companies than it makes from its own quaint tech sector. Ban and blocking those companies is never going to happen for this reason. Why destroy your cash cow?
This talk from Cory Doctorow made the rounds on HN when it happened:
https://pluralistic.net/2026/01/01/39c3/#the-new-coalition
In it he espouses going a little further. He posits that other countries should repeal their versions of the DMCA and just start jailbreaking American megacorps' app stores, hardware, software, etc. and providing their own, much cheaper (or free) versions. Free trade has already broken down, what do they have to lose?
As you might guess he puts it a lot better than I do.