this post was submitted on 22 Mar 2024
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[–] tal@lemmy.today 1 points 8 months ago (2 children)

US Law supersedes any other obligations.

Only from in the eyes of the US legal system. The Chinese legal system won't see it that way.

They can place conflicting demands on a company; they don't have to be compatible.

They'd be obligated to leave the market. They're US companies.

They'd be placed under conflicting demands. They might well choose to exit, but it isn't that one set of constraints is superior to another. Look at the current scenario, which is the mirror image of that -- Bytedance is being required to divest. They could divest, or could exit the US market.

[–] conciselyverbose@sh.itjust.works 3 points 8 months ago

Their entire governance is the US legal system. They do not exist outside of it.

[–] wanderingmagus@lemm.ee 1 points 8 months ago

Honestly, with the way geopolitics is going right now, outright deglobalization sometime this century seems inevitable. It wouldn't surprise me in the least if the current tensions turn into de facto Cold War II, with regional blocs that outright ban any trade or positive discourse about the other side, and hold high profile hearings on dissidents suspected of following the ideology of the other side.