The U.S.-based Business Software Alliance blasts foreign governments for establishing...


The U.S.-based Business Software Alliance blasts foreign governments for establishing data-transfer rules that prevent local companies from using cloud services, arguing such policies amount to protectionist barriers aimed at reducing the dominance of U.S. firms such as AMZN, RAX, and MSFT in the cloud services space. The EU, China, and Brazil are all seen as major offenders.

From other sites
Comments (1)
  • tkaroutsos
    , contributor
    Comment (1) | Send Message
     
    I think one of the reasons is the Patriot Act. In Canada a lot of companies avoid uning US based cloud services and it is not that they have anything to hide from the US government; It's because they would have to explain to their customers that their data would be subject to access witout prior notification. As long as there is a Patriot Act, US based cloud companies would only be able to expand outside the US by setting up shop locally in the foreign country and assuring the foreign customers that their data would not be subject to the Patriot Act. This would be difficult because the PA can force a US based company to also provide access to their non-US based data. So a possible solution is a minority ownership in a local company or selling 51% of the set up subsidiary.
    27 Feb 2012, 01:47 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs