this post was submitted on 23 Jul 2024
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Microsoft says EU to blame for the world's worst IT outage | Euronews (www.euronews.com)
submitted 3 months ago by fne8w2ah@lemmy.world to c/technology@lemmy.world
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[–] mannycalavera@feddit.uk 5 points 3 months ago (1 children)

They should, but then they'd be replaced by other US multinationals. So they won't.

The EU (and not just the EU by the way) loves US tech. It can't get enough. They both play a cat and mouse game with each other for the public but the EU aren't going to force MS out and MS aren't going to leave.

Put it another way, of the EU wanted to be principled and demand fairness for EU citizens they'd take away MS (and other US multinational's) tax breaks via Dublin. But they're not going to do that.

[–] mosiacmango@lemm.ee 3 points 3 months ago* (last edited 3 months ago) (1 children)

Put it another way, of the EU wanted to be principled and demand fairness for EU citizens they'd take away MS (and other US multinational's) tax breaks via Dublin. But they're not going to do that.

The EU is literally doing that.

[–] mannycalavera@feddit.uk 1 points 3 months ago

Literally dragging their heels over this. The biggest opposition was from EU bloc nations.

Now Ireland have eventually signed up to this but it's a minimum threshold. i.e. they're still highly comfortable about letting US multinational's get away with complex tax arrangements in the EU to lower the amount they pay.