>> a mature domestic tech industry and startup scene, would eventually produce something that would compete successfully
Is it too much to also believe that a company subject to a radically different regulatory regime, and different cultural norms, might field a product that would not be considered acceptable elsewhere?
For example: How does TikTok handle children under 13yo? That is a real headache for western social media firms. Does China enforce similar rules? Would not having to obey such rules not represent an advantage for a product aimed at young people? The lawsuits and imposed fines suggest TikTok is substantially advantaged.
"The company was fined 186m won (£123,000) by the Korea Communications Commission (KCC). The KCC, the country's media watchdog, said TikTok collected data of children under 14 years old without the consent of legal guardians."
You can start a rule-breaking startup today in whatever stringently-regulated regime and worry about fines later when you hit it big (and the fines are often peanuts if you hit it big, imagine any late stage VC-backed company being slapped with a record $5.7m fine). Also, the age verification honor system is really pretty much a joke, it adds a little bit of annoyance and pretty much zero deterrence. Basically it’s about knowing to put up that page in the sign-up flow. So this “advantage” you’re talking about is fairly weak.
Is it too much to also believe that a company subject to a radically different regulatory regime, and different cultural norms, might field a product that would not be considered acceptable elsewhere?
For example: How does TikTok handle children under 13yo? That is a real headache for western social media firms. Does China enforce similar rules? Would not having to obey such rules not represent an advantage for a product aimed at young people? The lawsuits and imposed fines suggest TikTok is substantially advantaged.
https://www.bbc.com/news/technology-53418077
"The company was fined 186m won (£123,000) by the Korea Communications Commission (KCC). The KCC, the country's media watchdog, said TikTok collected data of children under 14 years old without the consent of legal guardians."