• givesomefucks@lemmy.world
      link
      fedilink
      English
      arrow-up
      35
      ·
      9 months ago

      Probably consumer protection…

      Reddit is trying to profit off everyone they can, and these idiots are about to tie real name and contact info to their reddit profiles.

      That makes the data reddit has much more valuable to people who buy data.

    • Tar_Alcaran@sh.itjust.works
      link
      fedilink
      arrow-up
      23
      ·
      9 months ago

      Europe has a shitload of requirements that shares must meet in order to be sold to your average private person, including stock info in your native language, and a proper risk assesment.

      • VaultBoyNewVegas@lemmy.world
        link
        fedilink
        arrow-up
        1
        arrow-down
        3
        ·
        9 months ago

        That also has to have an address somewhere in Europe to operate in it. Do you think Facebook/Amazon/Microsoft dont have offices in the EU? Usually American companies will open European offices in Ireland because they have lower corporation taxes.

        • WarmSoda@lemm.ee
          link
          fedilink
          arrow-up
          2
          arrow-down
          14
          ·
          edit-2
          9 months ago

          None of that changes the fact that it’s a US based company.

          Reddit (/ˈrɛdɪt/) is an American social news aggregation, content rating, and forum social network.