But the US can control US based companies, and create laws regarding how that data is used
Does that matter if they don't create said laws - since they're equally interested in their citizens data as facebook, google, etc. are?
It does matter. Because the US can do it if they decide to. They have significant power over companies based in their country.
They do not have significant power over companies NOT based in their country.
That's not what that means.
The fact that a company who wants to operate in the US has to follow US guidelines is obvious. But doesn't mean the US government has significant power over them if they're not based in the US.
Does that matter if they don't create said laws - since they're equally interested in their citizens data as facebook, google, etc. are?
It does matter. Because the US can do it if they decide to. They have significant power over companies based in their country.
They do not have significant power over companies NOT based in their country.
That's not what that means.
The fact that a company who wants to operate in the US has to follow US guidelines is obvious. But doesn't mean the US government has significant power over them if they're not based in the US.