The CLOUD Act is becoming a bigger and bigger deal here in Europe. It definitely kills deals.
"No. The CLOUD Act applies to all electronic communication service or remote computing service providers that operate or have a legal presence in the U.S. For example, the CLOUD Act is also applicable to a cloud service provider that is headquartered in the EU and has operations in the United State"
As if any company isn't going to create a subsidiary for that.
Perhaps trust could be regained if the country was renamed to Lower Canada by popular vote. I’m not sure anything else would help at this point.
There you have it, it isn’t that hard to write the name of the country.
This doesn't match my understanding of regulatory capture [0] - is there any evidence that this company specifically orchestrated the EU's data protection laws in order to benefit from by blocking out competitors? Would be unexpected, since laws like GDPR predate its founding.
Companies don't write laws. All regulatory capture requires is for the company to be benefiting from laws and/or policy designed to exclude foreign companies and/or other competition. The point is that type of economic productivity is useless and derived from corruption in a free market. For years the EU has attempted to exclude US tech companies from competing and this is a continuation of that.
And for what its worth your wiki link seems to agree with me, I'm not sure why you posted it.
> All regulatory capture requires is for the company to be benefiting from laws and/or policy designed to exclude foreign companies and/or other competition
This doesn't match what the wiki links says (first sentence):
> In politics, regulatory capture (also called agency capture) is a form of corruption of authority that occurs when a political entity, policymaker, or regulator is co-opted to serve the commercial, ideological, or political interests of a minor constituency[...]
Operative word is "co-opted", which sort of fits with what would be required for something to be considered corruption. So no, the company can't just benefit, they also have to have pushed for the specific outcome.
> For years the EU has attempted to exclude US tech companies from competing and this is a continuation of that.
I find this quite hard to believe. Digital sovereignty in the EU only really started in 2025, prior regulation like GDPR has applied to tech companies from all companies, including the EU. The continent has effectively allowed Microsoft, Google, Meta, etc, to dominate the tech scene here since their inception. Perhaps you're thinking of China.