cgmcnama t1_jcdgsa4 wrote on March 16, 2023 at 1:07 AM

Reply to comment by patriot-1453 in WSJ News Exclusive | U.S. Threatens Ban if TikTok’s Chinese Owners Don’t Sell Stakes by TheAngelMutants

There have always been guardrails on the free market such as child labor laws or other consumer protections. If we wanted a true free market we would allow everyone to freely immigrate to the US and have no minimum wage. That is pure capitalism.

This is still a free market but this would be just another type of common guardrail like we already have. The aim is to protect consumers privacy and national interests (such as if we were drawn into a conflict with China)

hatrickstar t1_jck99wl wrote on March 17, 2023 at 1:20 PM

Then maybe we should be addressing American social media companies selling our data to Chinese companies as well...it's literally the same thing with a few extra steps...and possibly a bit more treasonous...

cgmcnama t1_jckcxua wrote on March 17, 2023 at 1:49 PM

We could do both. But at least American companies are held accountable to an independent judiciary or do enough business in the EU to be forced to be compliant with their rules as well. Comparing the US/EU to the CCP is impossible because they are two different forms of government and judicial accountability.

hatrickstar t1_jckgiol wrote on March 17, 2023 at 2:15 PM

What world are you living in where a US tech company was held accountable for something they've done with our data?.....