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Subsidies or Tax breaks for EU companies switching from US to EU based software and cloud services (feddit.org)

submitted 7 months ago by theBronzeShoe@feddit.org to c/buyfromeu@feddit.org

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I am not an economist, but I understand that EU companies need to be given some help to switch from US to EU services. We should think about defending temporary help for companies looking to do a switch. To be fair, companies that already do not rely on US companies should also be given similar rewards, under certain conditions.

The justification is fairly straightforward.

It is not easy to change the services a company is using. It takes time, resources, and money to change these things even when profit is the main motivator. This is especially true when changes at first are not necessarily for increased revenue but for long term health of an economy and to help certain sectors develop. And some of US services are extremely ingrained. How many companies depend on outlook, Microsoft, and Azure? How many depend on Gmail or AWS?

The idea can be extended to include tax breaks for foreign companies that rely on EU software, but that's an idea which most likely should be part of a different conversation and different package altogether.

Any thoughts?

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[–] Krik@lemmy.dbzer0.com 3 points 7 months ago* (last edited 7 months ago)

Any thoughts?

Yeah, introduce tariffs. That makes foreign products and services more expensive than domestic ones. Companies will switch on their own after a while once they figured out they can save some money that way.