Because without these repeated fig leaves, trans-Atlantic data transfers will be totally prohibited.
This carries the risk of losing the entire EU market, and further, the rise of actual competitors in the EU.
Can't have that. Gotta keep the EU dependent on US tech. Better make sure America retains tech dominance over Europe, and can keep raiding their tech talent with the lure of high compensation and global impact unavailable in the EU.
In all seriousness, the trans-Atlantic tech trade seems like a vaguely mercantilist colonialist system: Raw materials (skilled labor) flow in, finished goods (tech services) flow out.
This carries the risk of losing the entire EU market, and further, the rise of actual competitors in the EU.
Can't have that. Gotta keep the EU dependent on US tech. Better make sure America retains tech dominance over Europe, and can keep raiding their tech talent with the lure of high compensation and global impact unavailable in the EU.
In all seriousness, the trans-Atlantic tech trade seems like a vaguely mercantilist colonialist system: Raw materials (skilled labor) flow in, finished goods (tech services) flow out.