EU

holycarrots

Ok so it turns out your issue has nothing to do with the reason behind the fines, or your investment in stocks, you just have some weird agenda against the EU.

Emergency-Ticket5859

EU indefinitely seized RU cash in Belgium. Pure bandit behaviour

tasselledwobbegong1

Who’s stopping them? And how long will the EU take to do anything about it? In the mean time they’re charging tariffs.

Otherwise_Answer_146

Village Farms. They have their own licenses for Netherlands and an EU-GMP certified faculty in Canada. They also grow for other companies that have international licenses. Curaleaf CEO stated that they buy significant amounts of product from VFF that they then ship internationally.

The_Insider_Edge

agreed only seeing upside! **Herbal Dispatch** * The company aims to **triple export volumes by 2028** and achieve **100% year-over-year export revenue growth**. * Focus markets include **existing countries like Australia, Portugal, Germany, Brazil and Czech Republic**, with plans to enter **new markets such as the UK, Switzerland, Costa Rica and New Zealand**. * Part of the strategy involves **investing in GMP/EU-GMP compliance** and participation in international trade shows  * They have already completed multiple exports * 200+ LPs to source from

DuckTalesOohOoh

Yes. EU is informal. If you think it's formal, you're fooling yourself.

JeffB1517

At a 3-5% they can be growing their portfolio. A cap weighted index of European Stocks has a yield of 2.8%. Fixing your inflation adjusted draw to dividends +1% (that's the minumum it ratches up if dividends overtakes inflation -1%) is a very safe draw. European bond yields aren't much better though. European lifespans are high. That being said relative to bonds European annuities are fairly attractive healthy 65-year-olds potentially seeing rates around 7-8%. So I would tilt heavily towards stock if they can tolerate it. If they can't see if you can sell them on 50% annuities and 25% EU stock, 25% international stock. That hits your 5% draw number with some headroom.

Pizza_n_Tendies

The EU did say if we medel in Europe, they will fuck our debt market.

gizamo

I used to live in the EU while working for an American company, and now I'm doing the opposite. Highly recommend. I enjoy not being circumcised.

BigRealNews

Well then the EU as a whole has been passing right wing legislation by your standards

ThinkingOfTheOldDays

coordinated print, and EU is at serious risk of failing. chance that it becomes more of a reserve asset I guess, but that hurts them long term the same way it hurt us buying the Euro isn't a bad idea for a trade at all

GreenPlasticChair

EU and Asia markets have outperformed S&P500 over the last year without being driven by tech-speculation Can’t use them as a benchmark they’re not carrying the same risks

Leeysa

Bro you just keep on confirming my point, I dont get it. Yes covid was around before march and before the market crashed, that's what I said and you repeated that. All I am saying is that the market crashed when it spread like a wildfire through the EU in March when it left its isolation in Milan. What is your point??

Candid-Criticism-316

Ec1/2003 gives commission investigative powers and ability to fine companies. The eu itself has trade and commercial enforcement powers in its constitution which is a big part of the core identity and purpose of the EU. If you couldn’t figure out why an interstate entity who’s primary constitutional powers and purpose is related to commercial enforcement I don’t really understand how you can claim to have studied political science as anything but a single cursory course that looked at foundational concepts of American government where the separation of powers was described as you described it.

BridgeOnRiver

I have a degree in political science and have worked in Brussels. The EU is complex - but I certainly know it better than most people.

daedalus_dance

>J.P Morgan says EU media AI opportunities underestimated, fear overblown Publicis and Criteo both undervalued due to AI hype. Do it. Branch out Ameripoors.

BridgeOnRiver

Fundamentally, it is wrong that the EU Commission can fine companies. It is in total breach of the principle of the separation of powers. The Government, Courts and Police are not supposed to be one and the same. If the EU Commission makes the laws (with the Parliament and Council), then they should not also be responsible for administering those laws and imposing fines. Trump can’t do whatever he wants, because there is a separate legal system. Neither can any EU member state government. That should also be the case in the EU.

BeeStreet7056

Nope, some right-wing politicians and business-lobbyists in EU say so, loudly. The rest oppose them and that is why the regulation remains high. :D

No_Location_3339

They are also importing as many third world, Islamic, north african migrants as possible. EU is so cooked.

stingraycharles

Well that only makes sense because the EU doesn’t have that many large tech companies (yes, there are a few important ones like ASML, but it’s still very small in comparison to the US).

BigRealNews

The EU disagrees with you. The EU is saying they’re overly regulated and are actively cutting regulations to survive.

apparentreality

Is Spotify a platorm like Android or Apple or Windows? No didn't think so. Learn the basics of economics instead of being a corporate bootlicker and using terms like "Europoors" - you're too dumb to understand this isn't about EU vs gun toting rednecks - it's about consumers vs corporations - and being a bootlicker won't save you.

lev10bard

This is why EU is behind on tech and AI race.

TheCudder

The EU actually makes an attempt to make business fair for consumers...but somehow us US citizens love how US businesses run and unchecked.

CuffytheFuzzyClown

Not strange at all, and not quite the ridiculous picture ignorant Americans are trying to paint. If you stop sniffing glue for a second and think a little... The EU has *extremely clear rules and regulations* that always gives companies ample time to adapt. These rules and regulations are most times about *protecting sensitive data and people's identities* so we don't get our socials sold to India or Thailand every other week...unlike Americans. American companies *willfully break these rules because they're so used to standing above the law*. But the EU isn't like USA, they can't just send $5 million to some orange baboon to get away with crime.

TheGreatBenjie

AI has also done a lot of damage, but I'm sure you don't care about that. Might solve cancer, might lead to techno death cults. Who knows? I'm 100% pro EU using its power to force these tech companies to comply to standards that benefit everyone. Nothing absurd about that.

rpthrowah

Sam Altman in the news making deals, EU antitrust case

UpsetKoalaBear

> I think this speaks volumes, not really to a lack of innovation but more so a less vibrant capital market. If you need to fund a company to create the smartest LLM in the world, typically, you don’t do that in the EU. > > Spotify is a great example of EU innovation, but where is their stock traded? The US stock exchange. Probably due to the same reason. That’s 100% true. European investors are far more picky with their investments. I think that the US is more risk taking with its investments, that’s simply it. It raises easy capital to list yourself in the US. Combine that with a tech-savvy investor base and you got yourself easy capital. That being said, weariness from European investors doesn’t necessarily mean that innovation isn’t occurring. It just means it’s harder for innovation to break out. However, once broken out, it tends to do well. I think your example of great innovation being Spotify is the main issue. A lot of good, large, European businesses just aren’t consumer facing. See, for your Spotify I raise you STMicro. The STM32 is one of the most abundant MCU’s on the market. You can literally find it almost everywhere related to embedded electronics. You wouldn’t know that though because they don’t market it to consumers. However, they’re crucial businesses that do a lot of innovation. I go back to ASML because the development timeline for EUV took almost 20 years to come to fruition and even Japanese fab machine makers dropped out (Canon and Nikon). In the end, they were the only ones capable of making a scalable product. Even then, they had funding from the US government to make it happen. So fundamentally, even your own government knows that Europe does innovate. It is just that Europe isn’t willing to invest in businesses losing millions before being profitable like the US does. That doesn’t mean that the US investment market is bad, it just means that the average US investor is more risk averse than a European one. Klarna is another recent example of this. They had every opportunity to raise capital on European markets but they know European markets aren’t going to be happy with their financials. So they went to the NYSE to raise capital. There’s multiple reasons for this. In particular the US investor gets access to schemes such as Roth IRA, 401k etc which are tax advantaged ways that encourage US citizens to invest. Europe doesn’t get as many options and the options it does have are mainly intended for retirement planning or are limited to European stocks only and have restrictions on foreign investment (like France’s PEA, Italy’s PIR etc). The UK is the only one with the S&S ISA, a tax advantaged way to invest in markets abroad and here. So that’s probably one reason why the US markets are more risk averse and, as a result, seem to be more innovative. However, that doesn’t mean the EU isn’t innovative. It just means that EU companies have the option of raising more capital in the US which is a given because of the advantages for a US citizen to place their money in the market.

pacmandaddy

AI is incredible and has already achieved some amazing things. The stuff that Google Deepmind has achieved with Alphafold? Incredible stuff. I wouldn't be surprised if AI solves cancer eventually. It's funny that you mention the USB-C example, because I do have an opinion on that. I am 100% against EU bureaucrats who know little about tech, intruding and meddling in other people's affairs and dictating to foreign tech companies how to design their products. It is absurd , laughable and also offensive.

IncidentJazzlike1844

What are you even quoting? Neither your article nor the official statement contain your quote. The official EU statement does not even make a mention of Apple Music.

TheGreatBenjie

You do seem like the person that would like a dystopia. The fact you're pro-ai is pretty telling as well. How about the fact that USB type C is the standard for virtually all devices now? We can thank the EU for that. I can't even tell if you like or dislike the cookie consent which is absolutely a good thing as well. Like, we get it, you go hard on the corpo-koolaid. Doesn't mean it's actually a good thing for humanity for tech companies to run the world.

AstockcollapseNow

Its been 138 trading days since the last 2% advance for SPY, the EU tariff pause in May was the catalyst for the last 2% move higher. It's the 8th longest dry spell without a 2% advance over the past 10 years.

pacmandaddy

That actually sounds kind of cool, a cyberpunk dystopia, if I am to be honest. I hadn't thought too much about that, but it sounds like a fun idea. Look at who is running various parts of the world today. I don't like what I see. I don't think I've benefited from any tech regulation that the EU has ever done and I've followed these things for a long time. There is that cookie consent form though, which I've run into a few times today already, I can thank the EU for that.

TheGreatBenjie

Look, I get that you want a cyberpunk dystopia where these tech companies run the world. That would be shitty though, so I am absolutely thankful for the EU for keeping these tech companies in check. You should be too, because despite your opinions you also benefit from these regulations.

svearige

I think that this line of thinking is fueled by the fact that no EU company are prticipating in fighing for the top in the LLM benchmarks. It’s just US & China. I think this speaks volumes, not really to a lack of innovation but more so a less vibrant capital market. If you need to fund a company to create the smartest LLM in the world, typically, you don’t do that in the EU. Spotify is a great example of EU innovation, but where is their stock traded? The US stock exchange. Probably due to the same reason.

IncidentJazzlike1844

Illiterate or trolling? From the EU commission itself: The Commission's investigation found that Apple bans music streaming app developers from fully informing iOS users about alternative and cheaper music subscription services available outside of the app and from providing any instructions about how to subscribe to such offers

Competitive_Ride

Where is the money EU, China, Japan and South Korea promised for trade deals? I thought mango was going to use it to pump the market

pacmandaddy

The US has done plenty for Ukraine and given plenty. Just because we haven't done exactly what some others want, doesn't mean we are aligned with Russia. I don't like Putin and I don't like the EU. Europe has sure aligned itself with Russia, even when being warned not to do so by Trump himself some years ago. The idiot German politicians sitting in the audience, laughed at his warning. Turns out, Trump was right and the laughing EU morons aren't as cheerful today probably, lol. Europe is also still buying lots of energy from Russia, Europe is basically financing Russia's war against Ukraine. Ukraine is primarily a Euro problem, you guys broke it, you guys fix it.

TheGreatBenjie

What you see as hindering innovation the rest of us see as keeping technology in check. You say it's not just about the money but it's 99% of the money and 1% your weird technorcrat ideals. The regulations the EU have put on companies worldwide have been all positive and pro-consumer.

UpsetKoalaBear

The EU isn’t going after Google here for being a monopoly. They’re going after them for being anticompetitive. There’s a vast difference between anticompetitive behaviour and a monopoly. In the same way that the [US Supreme Court considered Microsoft bundling Internet Explorer was anticompetitive](https://en.wikipedia.org/wiki/United_States_v._Microsoft_Corp.#). The EU is doing the same thing. That doesn’t mean it’s a monopoly.

vermilli21

Bad combo, AVGO going down, GPT 5.2 just release, EU fines GOOGL......idk

UpsetKoalaBear

Such a ridiculous take. The US moves quicker, yes. I won’t deny that. However, if you’re implying that the EU doesn’t innovate and just regulates, that is ridiculous. - STMicro - No doubt you’ve used a device with a STM32. - NXP - No doubt their chips are somewhere in your car. - ASML - Self explanatory. - Nordic Semi - Most IOT devices have this in there somewhere. If you own a Tile tracker, it most likely has one of these inside. - Infineon - Also partnered with Nvidia for robotics. - Bosch - Self explanatory. - Kuka - Literally responsible for those videos of robots in car factories. Ford, Chrysler etc all use them. - Novo Nordisk - Half you mfers use Ozempic anyways. - Airbus - Self explanatory. - Spotify - Self explanatory. - Ericsson - Responsible for most the world’s 5G connectivity (including the US). - Nokia - As above. - Siemens - Self explanatory. Most of those descriptions are facetious, I won’t deny, but I cba do write a full DD on these companies. Software side of things, yeah. I won’t deny there are deficiencies there. However, there are still relatively large companies here that have huge impacts. SAP for instance, as shit as it is, is one of the only things capable of doing what it does. Like just saying that the EU doesn’t innovate is some of the most ignorant statements you can make and you know it. If this comment was ragebait, you have outplayed me.

Whole-Ad-7659

I’m sorry what? The fine is literally about Apple Music brought on from Spotify lobbying the European Union. This isn’t even a debate it’s just a fact. Even the EU and Spotify themselves acknowledged Spotify was the one lobbying for this.

pacmandaddy

It's not just about the money. I do believe that much of what the EU does is harmful and damaging to the internet, to society and to humankind. They hinder innovation, and they are basically bad for business. Those damn cookies popups which plagues the entire planet and which plagues hundreds of millions if not billions of people a day? The EU is the main source behind that virus. Should I thank the EU for spreading their sick, cancerous virus? Is that for the benefit of consumers also maybe? That is just one small example. The EU knows nothing about tech, they are like neanderthals when it comes to tech, and they should simply keep quiet and keep their regressive ideas and evil nonsense to themselves.

UpsetKoalaBear

Airbus isn’t a monopoly. What are you talking about? The large airliner marker is a duopoly of Airbus and Boeing. Trying to kill off Airbus will make it a defacto Boeing/US monopoly. Why would any country be willing to kill off their own domestic competitors for a rival product? There are only two choices for a Wide/Narrow Body airliner with more than 100+ seats which are efficient and long range and that’s Airbus and Boeing. They literally both make the largest aircraft available. The only other options are COMAC (and maybe the Embraer E2?) which aren’t competitive at all to even the A320/737 line. Even the state owned airlines in the countries have other airliners from Boeing and the likes. Air France-KLM, for instance, has Boeing and airbus fleets, and the french/dutch government literally own stakes in them. Need I remind you as well that US airlines like American, Delta, United etc literally chose Airbus for their domestic routes over the US made Boeing. That’s your own domestic airlines choosing an EU company over a US one, including any potential tariffs on those airframes. Please explain to me how Airbus can be a monopoly. I really am interested.

Towerss

That was propaganda my friend. The EU doesn't levy much corporate taxes unlike the federal US government. Domestic taxes in each country rake in billions from tech.

onehandedbackhand

This is bollocks. The EU doesn't levy corporate income taxes and if we're talking about income taxes levied by EU countries the figures are off by a few hundred billions.

TheGreatBenjie

Whatever helps you sleep at night. I'll just continue enjoying the pro-CONSUMER decisions the EU makes sure these companies make.

el_dude_brother2

US manipulates the market to help their own companies. EU ia too obsessed with free market and regulation holds them back.

mmvvpp

A desire sure, but not like today. Those sites already have a massive userbase, and competing as a start-up would obviously be though. Should they (they won't) ever close their access to EU, alternatives would appear or bluesky as you mention, would get a massive traffic increase. As I said, it will take a while, and I believe EU will start moving away from critical services like visa, apple/gpay and into european alternatives. Several countries or local goverments are starting to adapt linux instead of MS services when possible. Its a slow but steady process.

Luxferro

I don't doubt it. I've noticed it for as long as I've been into technology and gadgets. Google should raise prices in EU countries to cover the costs.

mustachechap

the EU is cooked, holy shit.

rightaroundhere_

EU tax revenue from European tech companies: **3.2 billion euros** EU revenue from fines on US tech companies: **3.8 billion euros**

pacmandaddy

It'll be wonderful to watch! I'm ok with my tech stocks taking a temporary dip in order to punish the EU! Stocks go up and down all of the time for various reasons, and at least this time it would be for a good cause.

sirzoop

The reality is that they can't create their own alternatives even if they wanted to. Once the EU loses the income it gets from fining US tech companies, they will be forced to increase corporate taxes and overregulate any European company that tries to compete. There's a reason substantial European alternatives don't already exist. There are millions of companies that try to outcompete Facebook, Reddit, Google, etc yet they fail for a reason.

pacmandaddy

EU is not a superpower and they are becoming less "western" by the day.

mmvvpp

Currently a lot of europeans are already doing that on their own. /r/BuyFromEU/ There is a massive demand from eu citizens for EU to create their own tech alternatives. Your assumption that an average european citizen would want ,let alone make an effort to keep is tech, if very wrong.

Whole-Ad-7659

Fining US companies to pay your bills is not a long term strategy. Eventually the US will start fining European companies until everyone’s begging all party’s to cool it. Or the US companies find a way to battle back. There’s definitely hundreds of ways this could go in the future but there’s zero chance the EU can just keep picking a new US company to fine every year to pay the bills

Coffeewin

The only contribution EU has done for the world is fine US tech companies because they haven't had innovation since the British tea kettle 🥀

pacmandaddy

In a small way, I do get to decide, because I get to vote and I do utilize my vote and I cast my vote for people who will best protect and defend my interests. These actions by the EU will not stand, and I am fairly confident that karma will come back to bite them pretty soon.

TheGreatBenjie

Thank all that is good for the EU.

Fitzcablammo

Wouldn't the short interest correlate to the ability for the EU to actually collect a fine from Google?

Fitzcablammo

I'm guessing it not might be so easy for the EU to fine an American tech giant like Google in this political environment. This administration is aching for any fight with the EU it can take on.

pacmandaddy

Different people have different definitions for what a monopoly is. This isn't a rare, one time fine, there is a long pattern of the EU "fining" various US companies for various reasons, most of them completely ridiculous. This has been going on for years and they are using it like a piggy bank. Over on EU subs, EU people have long been calling for a boycott against US tech and the USA in general. I say that we help those people out and boycott them back. US tech is already limiting certain features in the EU, due to their draconian and stupid laws, many of which are vague and not clearly defined, on purpose. They even have the nerve to tell companies what kind of cables they have to use. I think it's only a matter of time before some of the US tech companies give the finger to the EU and perhaps pull out completely. I'm ok with my tech stocks going down some percentage points if we disassociated ourselves from the EU, as it would be for a good cause. The world does not need the EU and we would manage just fine without them.

Thisispaartaaa

Sounds like he isn't happy that people are not impressed with his administration....could it be that they are being more friendly with the likes of Russia...and calling for the annexation of Greenland and Canada...and this most recent foreign policy paper basically calling the EU an enemy? Talking about pulling out of NATO...I have no idea why people would be upset with this administration

No_Shape9811

Funny to see how many people defend few bilionaires like it's their daddy. EU is just making sure you play it fair...

No_Shape9811

U.S. exploit and EU protect

pacmandaddy

I own most of those companies and I am not a trillionaire. The EU is stealing from me, not just those companies. It's not ok to steal from rich companies, just because those companies have a lot of money. I side with whoever is in the right, and if that happens to be a mega corporation worth trillions, then so be it.

AlfredoAllenPoe

The EU is a joke

Tha_Sly_Fox

20% per google for the VGK but still your point stands However, the amount of influential and disruptive tech companies that come out of America vs Europe is insane, or China vs EU. And it really makes no sense, the EU has an GDP equivalent of the US combined and a larger population filled with an educated workforce with top tier academic institutions….. yet they can’t compete with US tech for whatever reason, or increasingly any US or Chinese industries except maybe aerospace and a select few others

mostarsuushi

Google’s fine is like an universal basic income for the EU

apparentreality

The EU is the last western superpower that actually stands up to corporations unlike good old USA - that’s ruled by lobbyists - a lot of protections are there across the world because of the EU - and we are going to need more of this as AI runs rampant losing jobs left and right and increasing social as well as fraud issues

sirzoop

Until they refuse to pay any of the fines, stop operating in the EU and lay off every European that works for them

Ok-Buy-9777

Europe has alot of innovation, it just isnt typically consumer and mostly b2b models. ARM is for example a British company, Zeiss is the only ones who can make the lenses ASML uses. SAP is leading in software used in companies for logistics And when it comes to the fact EU isnt even taxing US companies making money in their market, its a gift to USA

LazyActive8

EU makes more money fining American tech companies than tax revenue from their tech companies

Guy_PCS

U.S. innovates and EU regulates.

Fitzcablammo

BRUSSELS, Dec 11 (Reuters) - Alphabet's Google is expected to be fined by EU antitrust regulators next year for not doing enough to comply with EU rules against favouring its own services and products in search results, people familiar with the matter said. DMA violations can lead to fines as much as 10% of a company's global annual turnover.

Fitzcablammo

BRUSSELS, Dec 11 (Reuters) - Alphabet's Google is expected to be fined by EU antitrust regulators next year for not doing enough to comply with EU rules against favouring its own services and products in search results, people familiar with the matter said.

pacmandaddy

EU is pathetic and tragic and disgusting. The USA should fine the EU for many trillions. We don't need any specific reason, we'll just come out with something and pull it out of our asses, because that's exactly what the EU does when they impose their criminal fines on US companies. They do it because they are poor, they are losers and they need the money. Their methods are like the Mafia and they shake down victims whenever they need some cash. I also favor a huge tech boycott against the EU, where all of the American big players like Apple, Google, Microsoft, Meta, X and others pull their services from the EU and leave them to fend for themselves without any American tech. I also welcome the day when the EU is dissolved, it's one of the worst regimes on Planet Earth and has been for a long time.

realribsnotmcfibs

He said the EU would place the tariff. France may have been the messenger…or they are wrongly speaking for the union.

Fitzcablammo

Google could buy the EU if it wanted to.

CoughRock

huh, i thought it was the new EU google fine.

kadam_ss

Hers a fun fact: the $$$ amount they collected fining American companies in 2024 was more than taxes collected from top 10 EU tech companies.

aNobleDemon

Report to law enforcement. The EU should have a similar cybercrimes agency under Europol.

Muntberg

I saw an infographic yesterday which showed the EU brought in more revenue from fining US companies last year than it made in taxing European companies which is pretty funny if true.

Alternative_Rule6208

EU fine

pdubbs87

The EU cannot innovate and just relies on fining American companies to keep the economy going at this point

GringottsWizardBank

The EU is genuinely hilarious

realribsnotmcfibs

Can’t speak to either timeline. But Macron did threaten EU tarrifs if the trade imbalance continues on the current trajectory. Europe may finally be waking up.

Unrelated3

????? The whole EU lowered inflation, as did most of the world... What are you on?

Europeanroadbycar

EU governments start process of freezing Russian assets long term, not sure what is worth but making it green.

Europeanroadbycar

EU economy is lagging as heck and the dollar is getting destroyed absolute zero damn logical

Glad_Forever1274

No. Trade policy is an EU competence. https://eutoday.net/macron-warns-beijing-of-eu-tariffs/

graavejrsdag

Everything is imported, thus a currency exchange is made when importing. If its imported from EU, then the price is 12% higher, same goes for China and hundreds of other countries.

kaapooj

US in its isolationism phase, EU is instable/infighting history's great mix

lostinspacs

Mexico has its own populism going on right now. Sure they don’t want to piss off Trump but China’s trade practices hurt them too. The more countries tariff China, the more they have to dump in other markets to grow their exports. This is happening in the EU too. Could be an interesting domino effect.

neverpost4

The US still has a large lead in military power. Before it becomes too late, the US should enforce intellectual property rights (Mickey Mouse, etc). Make up with the EU and Russia and do the **Scramble for China** just like good ole days. The Belgian Royal family wants a **cut** too.

DonkeyLightning

Can France do that independent of the EU?

w5b6

Local currency in unstable or poorly governed countries is not preferable. However, America is not far from this too. I imagine that's why they believe EU is the better choice.

ShittyUsernane1222

\>US-EU-Japan Bond selloff and Japanese debt crisis \>UK, EU funds slowly divesting from US \>US consumer debt and regional banking crisis \>Yen carry trade /(synthetic call options on yen) and US-Japan contagion \>AI and Offshoring induced deflationary factors \>dovish rate-cuts and US-Venezuela wars worsening stagflationary situation causing an further sell off as people divest from the US \>even more bearish signals from markets like for example (bankruptcy rate rising, klarna burrito incident etc. etc.) haha, berish macro-economic signal printer go brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr.