European regulators just slapped a major social platform with a €140M penalty (roughly $163M) under their Digital Services Act framework. Interesting timing—somehow the same rulebook doesn't seem to hit homegrown European platforms quite as hard.
Looks like another round of transatlantic wealth redistribution, where one continent covers its competitive gaps by extracting revenue from another's tech giants. The "consumer protection" narrative wears thin when the enforcement pattern is this selective. Classic regulatory capture disguised as public interest.
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NotGonnaMakeIt
· 1h ago
Same old trick... American tech giants have to obediently pay up, but why are European platforms left alone?
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ProposalManiac
· 12-05 22:54
That whole DSA framework in Europe really reeks of selective enforcement.
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AirdropLicker
· 12-05 22:53
At it again? The EU always uses a much stricter yardstick for the US, but when it comes to itself, the standards suddenly become much more lenient.
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OffchainOracle
· 12-05 22:51
ngl, this double standard in regulation is really slick. Europe claims to protect consumers, but in reality, it's just protecting local small businesses.
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SellTheBounce
· 12-05 22:41
A 140 euro fine, that's it? Do they really think Americans are that easy to push around? The Europeans' tactics are no different from fleecing people. Just wait, there's always an even lower bottom line ahead.
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OnchainHolmes
· 12-05 22:34
Here we go again... Europeans use regulations to cut down American giants, but turn a blind eye when it comes to their own platforms. Haven't they gotten tired of playing this game for years?
European regulators just slapped a major social platform with a €140M penalty (roughly $163M) under their Digital Services Act framework. Interesting timing—somehow the same rulebook doesn't seem to hit homegrown European platforms quite as hard.
Looks like another round of transatlantic wealth redistribution, where one continent covers its competitive gaps by extracting revenue from another's tech giants. The "consumer protection" narrative wears thin when the enforcement pattern is this selective. Classic regulatory capture disguised as public interest.