Post #2419803
2024-03-08 06:29 UTC
@zbrando@social.vivaldi.net @elessar@social1.ortolo.eu @rustyshelf@mastodon.social unfortunately, because they are incorporated in the US, and traded on American stock exchanges, the fiduciary duty will always apply. They're an American company so their obligations can be dictated by us law
Replies (1)
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@zbrando@social.vivaldi.net 2024-03-08 06:40
@neatchee@urusai.social @elessar@social1.ortolo.eu @rustyshelf@mastodon.social I'm not sure it works like that otherwise a Chinese company should respect only Chinese laws even if it does business in the US. That's why corporations have an European headquarters and when they break EU laws the EU branch is fined. What to so Business the in EU? Comply with EU laws.