Its not like Corporations can pay someone else, say US or China, to protect their assets and people. US totally wont fk EUs shit up for few hundreds of billions. No sir, countries can seize and kidnap without consequences, because muh sovereignty.

That would be a big gamble for each member country to make.

France has vast armies and trillions of dollars? lol

On the one hand I think foreign countries griefing American businesses with arbitrary fines is lame. Perhaps they should start their own tech industries instead of leeching off ours. On the other hand, the notion of corporations having enough leverage to dominate sovereign countries - that's scary as hell. There has to be some kind of happy medium here.