If You Can’t Beat Them, Outlaw Them …

We have previously reported on the French obsession with stifling competition to the vast detriment of the consumer, so as to protect established businesses with all sorts of legal restrictions. A prime example of this nonsense is that the French have made free shipping by Amazon illegal in France (as discussed by Mish here). Mercantilism has never died in France, and today it is imposed under the guise of the so-called “cultural exception”, which ostensibly aims to “protect French culture” (see “France Threatens Trade Talks Over Cultural Exception” for details on this). There is much about French culture that is indeed admirable and admired the world over – and it obviously doesn’t require bureaucratic “protection”. That is a turn-off at best.

So we are not surprised to learn that the French government is in ever greater hysterics over the success of US based internet companies. “There ought to be a law”, and very likely there will be a law – French consumers and their preferences be damned. A recent article at Yahoo reports on “One country’s desperate battle to erase Google, Netflix and Uber from existence”:

 

“The French don’t play. Ever since Minitel bit dust, the continental power has been hopping mad about American domination of Internet services. And over the past weeks, attacks on U.S. giants have escalated from Paris to Lille.

Netflix is right now in the middle of an ambitious European expansion drive that started in Scandinavia and is fanning out south. Sure enough, France’s Association for the Protection of Consumers and Users has now sued Netflix for “malicious and illegal clauses.” These include changing the terms of contract without informing consumers, not offering information of guaranteed minimum quality and writing contract clauses in English.

No doubt this is only the opening salvo against Netflix in France, which guards its cultural heritage jealously. The U.S. streaming service tried to preempt Gallic criticism by financing a political drama series called Marseilles, but this appears to have been ineffective.

Uber’s French launch has been, if anything, more controversial than the Netflix debut. Infuriated taxi drivers in Lille have attacked a student for trying to enter an Uber car, first attempting to block her from opening the car door, then allegedly throwing a bottle at her head. The Uber POP service is about 20% cheaper than French taxis.

The French legal attacks on Google are too numerous to list here but the latest one actually has an entirely novel twist. France is now threatening Google with a hefty, €1,000 penalty for every defamatory link the company fails to remove from its global network of Google subsidiaries.

Google agreed earlier this year in Europe to remove links to articles that may be considered “outdated and inflammatory” — in other words, Europeans can demand removal of old search results that they consider embarrassing. But the new penalty scheme essentially holds the French subsidiary of Google responsible for the actions of its sister and parent entities. This in turn means that the French are attempting to make their legislative decisions global.

What to make of all these recent moves against some of America’s most successful corporations? They seem to indicate that France has no intention of trying to emulate the American model and foster growth of its own IT industry — instead, the country seems to be sliding towards perpetual guerrilla war against foreign tech powers. It is hard to overemphasize just how futile this bitter battle against the future looks to foreign observers.”

 

(emphasis added)

We should perhaps point out here that to some extent, this is blow-back. The US government was the first entity trying to enact domestic laws with a global reach, such as the FATCA act, which will cost an order of magnitude more to enforce than it can possibly ever create in additional tax revenue. However, this was never the aim of implementing such laws in the first place. The real aim is total control over the citizenry.

So now the French are also trying to imbue their laws with a global reach. Obviously, the internet is a global phenomenon, and it will be very difficult to keep French citizens from doing things that are “prohibited”, such as finding out about past transgression that are “embarrassing” to members of the neo-feudal ruling elite and can now be erased – interestingly under the guise of “protecting privacy” (which is utterly ridiculous considering the by now well-known ubiquitous surveillance activities of the so-called “security apparatus”).

 

netflix-to-conquer-france-with-french-political-drama-marseilleNetflix tried to win over the French bureaucrats with an original series – apparently to no avail

(Screenshot via bidnessetc.com)

 

As we already noted in connection with the EU’s attempt to “break up Google”, these examples of protectionism are especially farcical, as there is not even anything to protect. Where is the European Google, or the European Netflix? No such company exists! Such globally successful companies in fact can hardly be expected to come into existence in Europe, precisely because of the Mercantilistic attitude of many EU member countries, and their onerous regulation and taxation regimes.

If France wanted to see viable European competition for US internet companies arise, it would need to adopt free market principles. As the writer of the article quoted above points out, it looks instead more and more like all they want is waging a “perpetual guerrilla war against foreign tech powers in a futile and bitter battle against the future.”

 

uber protests-paris1French taxi drivers in protest against “unfair competition”. Maybe they should try improving their customer service instead?

(Photo credit: AFP / ANNE-CHRISTINE POUJOULAT)

 

 

 

Emigrate While You Can... Learn More

 


 

 
 

Dear Readers!

You may have noticed that our so-called “semiannual” funding drive, which started sometime in the summer if memory serves, has seamlessly segued into the winter. In fact, the year is almost over! We assure you this is not merely evidence of our chutzpa; rather, it is indicative of the fact that ad income still needs to be supplemented in order to support upkeep of the site. Naturally, the traditional benefits that can be spontaneously triggered by donations to this site remain operative regardless of the season - ranging from a boost to general well-being/happiness (inter alia featuring improved sleep & appetite), children including you in their songs, up to the likely allotment of privileges in the afterlife, etc., etc., but the Christmas season is probably an especially propitious time to cross our palms with silver. A special thank you to all readers who have already chipped in, your generosity is greatly appreciated. Regardless of that, we are honored by everybody's readership and hope we have managed to add a little value to your life.

   

Bitcoin address: 12vB2LeWQNjWh59tyfWw23ySqJ9kTfJifA

   
 

2 Responses to “France Desperate to “Erase US Internet Companies From Existence””

  • John Galt III:

    ……”to protect French Culture”…..

    France has a culture?

    The culture is socialism, unlimited Muslim immigration, PC (political cowardice) politicians: Sarkozy, Le Pen and Hollande, the latter who said, “I hate the rich” and who has 3 houses on the French Riviera. I can’t stand the French. They are a typical European country populated by eloi. They will wake up or they will die. I hope they wake up.

  • No6:

    France actually would have done better under German rule, ‘liberation’ has come at a terrible price!

Your comment:

You must be logged in to post a comment.

Most read in the last 20 days:

  • Trade War Game On!
      Interesting Times Arrive “Things sure are getting exciting again, ain’t they?”  The remark was made by a colleague on Tuesday morning, as we stepped off the elevator to grab a cup of coffee.   Ancient Chinese curse alert... [PT]   “One moment markets are gorging on financial slop like fat pigs in mud.  The next they’re collectively vomiting on themselves. I’ll tell you one thing.  President Trump’s trade war with China won’t end well.  I mean, come...
  • The Dollar Cancer and the Gold Cure
      The Long Run is Here The dollar is failing. Millions of people can see at least some of the major signs, such as the collapse of interest rates, record high number of people not counted in the workforce, and debt rising from already-unpayable levels at an accelerating rate.   Total US credit market debt has hit a new high of $68.6 trillion at the end of 2017. That's up from $22.3 trillion a mere 20 years ago. It's a fairly good bet this isn't sustainable....
  • Rise of the Japanese Androids
      Good Intentions One of the unspoken delights in life is the rich satisfaction that comes with bearing witness to the spectacular failure of an offensive and unjust system. This week served up a lavish plate of delicious appetizers with both a style and refinement that’s ordinarily reserved for a competitive speed eating contest. What a remarkable time to be alive.   It seemed a good idea at first... [PT]   Many thrilling stories of doom and gloom were published...
  • US Stock Market: Happy Days Are Here Again? Not so Fast...
      A “Typical” Correction? A Narrative Fail May Be in Store Obviously, assorted crash analogs have by now gone out of the window – we already noted that the market was late if it was to continue to mimic them, as the decline would have had to accelerate in the last week of March to remain in compliance with the “official time table”. Of course crashes are always very low probability events – but there are occasions when they have a higher probability than otherwise, and we will...
  • Getting High on Bubbles
      Turn on, Tune in, Drop out Back in the drug-soaked, if not halcyon, days known at the sexual and drug revolution—the 1960’s—many people were on a quest for the “perfect trip”, and the “perfect hit of acid” (the drug lysergic acid diethylamide, LSD).   Dr. Albert Hoffman and his famous bicycle ride through Basel after he ingested a few drops of LSD-25 by mistake. The photograph in the middle was taken at the Woodstock festival and inter alia serves as a...
  • Claudio Grass on Cryptocurrencies and Gold – An X22 Report Interview
       The Global Community is Unhappy With the Monetary System, Change is Coming Our friend Claudio Grass of Precious Metal Advisory Switzerland was recently interviewed by the X22 Report on cryptocurrencies and gold. He offers interesting perspectives on cryptocurrencies, bringing them into context with Hayek's idea of the denationalization of money. The connection is that they have originated in the market and exist in a framework of free competition, with users determining which of them...
  • From Fake Boom to Real Bust
      Paradise in LA LA Land More is revealed with each passing day.  You can count on it.  But what exactly the ‘more is of’ requires careful discrimination.  Is the ‘more’ merely more noise?  Or is it something of actual substance?  Today we endeavor to pass judgment, on your behalf.   Normally, judgment would be passed on a Thursday, but we are making an exception. [PT]   For example, here in the land of fruits and nuts, things are whacky, things are...
  • No Revolution Just Yet - Precious Metals Supply and Demand Report
      Irredeemably Yours... Yuan Stops Rallying at the Wrong Moment The so-called petro-yuan was to revolutionize the world of irredeemable fiat paper currencies. Well, since its launch on March 26 — it has gone down. It was to be an enabler for oil companies who were desperate to sell oil for gold, but could not do so until the yuan oil contract.   After becoming progressively stronger over the past year, it looks as thought the 6.25 level in USDCNY is providing support for the...
  • The “Turn of the Month Effect” Exists in 11 of 11 Countries
      A Well Known Seasonal Phenomenon in the US Market – Is There More to It? I already discussed the “turn-of-the-month effect” in a previous issues of Seasonal Insights, see e.g. this report from earlier this year. The term describes the fact that price gains in the stock market tend to cluster around the turn of the month. By contrast, the rest of the time around the middle of the month is typically less profitable for investors.   Due to continual monetary inflation in the...
  • Flight of the Bricks - Precious Metals Supply and Demand
      The Lighthouse Moves Picture, if you will, a brick slowly falling off a cliff. The brick is printed with green ink, and engraved on it are the words “Federal Reserve Note” (FRN). A camera is mounted to the brick. The camera shows lots of things moving up. The cliff face is whizzing upwards at a blur. A black painted brick labeled “oil” is going up pretty fast, but not so fast as the cliff face. It is up 26% in a year. A special brick, a government data brick of sorts, labeled...

Support Acting Man

Item Guides

Top10BestPro
j9TJzzN

The Review Insider

Austrian Theory and Investment

Archive

350x200

THE GOLD CARTEL: Government Intervention on Gold, the Mega Bubble in Paper and What This Means for Your Future

Realtime Charts

 

Gold in USD:

[Most Recent Quotes from www.kitco.com]

 


 

Gold in EUR:

[Most Recent Quotes from www.kitco.com]

 


 

Silver in USD:

[Most Recent Quotes from www.kitco.com]

 


 

Platinum in USD:

[Most Recent Quotes from www.kitco.com]

 


 

USD - Index:

[Most Recent USD from www.kitco.com]

 

Mish Talk

 
Buy Silver Now!
 
Buy Gold Now!
 

Oilprice.com

Diary of a Rogue Economist