I love the mention of "innovation". What innovation? All the areas of innovation that matter to the EU people, the U.S does not have. 0 federal paid holidays, almost non existent maternity leave, encourages unpaid overtime (something that is illegal in most of EU). Innovation in regards to corporations ability to screw over their own people for monetary gain is not something we're interested in, that's the U.S mindset - money and success before anything else, including personal freedom, employee rights, and so forth.

It's almost funny whenever this argument comes up. In most EU countries Uber isn't even the biggest ride hailing provider. In this space and every other, there's plenty of competition that would celebrate if any company left the market. There is no figurative void that would be left behind.

Tease.

I would love it if companies from the U.S.A. left the EU. Not solely for the economic boost it would give local competitors (who have all but shut down when U.S.A. companies came), but also because they clash with our culture in negative ways.

I don’t think this kind of « threat thinking » is true. « We find ways to steal from you and it’s still good for you because otherwise you will be left behind without us ». It’s kinda feels like bullying to me

We don't like the kind of innovation which exploits workers in this way. On this side of the great herring-pond, humans have rights.

What price is it worth paying for innovation? Innovation just means "new", not necessarily good or beneficial. If the innovation is for companies to be able to do anything and treat anyone however they like in order to make large profits for very few people then we don't want that innovation.

Without growing user numbers they lose stock value.

And ideas like Uber aren't hard to copy by local companies.

There was even a time where copy cats were an easy way to get rich.

Copy a US company, wait to get bought by that company. That made the Samwer brothers rich.

Maybe there's innovation somewhere, but putting third world migrants behind the wheel of rental cars isn't it. In any case, there are EU companies to pick up the slack (i.e. Bolt).

> Even though the rules are great, I'm just not sure if it will be good or bad long term for EU.

We can speculate this all we want, but I think it's fair to say with confidence that leaving companies unregulated (or poorly regulated) is bad for everyone in the long term. A slightly different example is the poor enforcement of antitrust laws being one of the reasons we have the tech oligopoly we have today with Apple, Google, Amazon and Meta.

Too much money here to leave it behind. This is a slap on the wrist anyway.

What is the actual innovation of Uber outside of trying to push the competitors out of the market with investor money? (this isn't anything new/innovative either)

We had app based ride hailing services before Uber and still have them so it can't be that. Surge pricing also has existed before them.

Why can't this argument die? What innovation? These practices are those of parasites and leeches and ticks.

But USA companies leaving EU is better for competition - smaller EU-based companies can try to copy the model and do their own thing.

For example, for Uber, lack of it (it took a while to come to some countries) already spawned lots of successful competition.

It's not like building these platforms is hard. They can leave.

All that will happen in that case is that it leaves less competition for companies that provide the same services in the EU.

China is by basically all accounts running rings around the US, based on current behaviour, whilst being a much more authoritarian regime.

America loves to pretend that no other data points exist so they can attribute whatever good performance they’ve historically seen to whatever supposed cornerstone of American life is advantageous to make whatever point they want to make.