this post was submitted on 13 Jul 2025
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[–] [email protected] 198 points 3 days ago (15 children)

The anti-coercion instrument, known as the “big bazooka” of the EU’s trade arsenal, would give the commission powers to go after US multinational companies, slapping extra taxes on the digital revenues of tech firms.

[–] [email protected] 14 points 3 days ago* (last edited 3 days ago) (8 children)

Then the tech firms raise prices in the EU. That's what happened to Canada and Canada backed down. The only difference is the EU may want to encourage their own tech companies to grow.

[–] [email protected] 1 points 1 day ago (1 children)

Of course EU want our own tech companies. It would benefit us all. At minimum competition. Digital soverntity. And this is also what EU will do no matter what Trump does. Trump broke the chain of trust. Unacceptable.

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