Why on Earth would this be a good thing? I'm all for freedom of information, but I'm even more for foreign companies not ignoring the laws set by the government I elected.

Things get murkier when governments don't come to power in kosher ways, but I'm absolutely certain that the solution is not to have a bunch of profit-motivated companies from a completely different country and culture decide what's best for a nation. What happens when they get together and decide to make an unbannable advertising network instead?