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This would incentivize competitors in France. That’s a good thing for France.


With that argument, protectionism will incentivise competition. So why don’t we close the economy a bit?


Whether you're /s or not, I wholly agree; I both fully support using public policy, tariffs, and other economic mechanisms to support "at home" companies over those abroad, as well as supporting local labor over that outside the country.

If internet companies are the future of the economy (see: Stripe's opinion), why wouldn't you do everything you could as a country to support your own companies?


Because protectionism isn’t only economically bad but also immoral. You can’t force everybody else to pay higher prices.

Supporting your own companies at the expense of the rest of the society isn’t good. You’ll be forcing consumers to pay higher prices for a completely nationalist reason.

No reasonable economist would favor protectionism.


Strawman, nobody is arguing for supporting companies at the expense of the rest of society. The parent is arguing for supporting companies for the benefit of the society. Both can happen, it depends on how and to what extent it is executed. Economists disagree a lot and they have only partial say in policies, countries are not run solely by economists.


“For the benefit of the society”

How would you measure that? Does paying more for a worse product and raising the price of the better one benefits society?

If the product was better it would already be in the market.


Supporting local businesses and local jobs. This may lead to worse or to a better product, it depends on many things. There is no necessity of a catastrophe where the local product is worse and everybody is worse because having to use it. See China.


How much oil has been burned without paying for its environmental costs? Does that make it a better product? That’s the point. Cheaper does not necessarily mean better.


We are not talking about environmental externalities here. That’s another issue altogether. B

What are the negative externalities of AWS and the likes?

You cannot compare pears with apples.


Morality is subjective and open to interpretation. Sometimes consumers should pay higher prices to avoid unwanted externalities.


No, morality is not subjective.

What do you mean by unwanted externalities? Unwanted by who?


From what I can tell, it will incentivize competitors everywhere, as long as they don't have revenues over €750M.


Which is a good thing, too, as it incentivizes decentralization.




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