PaleFox
Well-known member
Ok, to me you're asking it weirdly, as it comes across to me that you're asking if an US (or any non-EU) organization was shut down just because it's owner was residential (listed) in the EU.You are welcome to your opinion, but can you cite a single case where a corporation incorporated in the U.S. had it's entire operation shut down by the EU because it was owned by a European Company?
From it's start it was a US corporation with no foreign ties. It was later purchased by a Swedish corporation that considers itself a holding company and lets SSG operate very independently. In other words, SSG is an investment.
Even if the EU did have the authority over a US corporation owned by an EU Corporation - which I doubt they do - they would never try it and risk fallout for something so ridiculously minor and non-impactful.
The EU doesn't act outside its borders, at best (or worst depending how you look at it) they contact a foreign official government agency with a request and a case.
There should be some form of misconduct in its market according to EU regulations for the EU to undertake actions.
Last most notorious case is that of Clearview AI (which still exists btw.)
For more serious matters there are sanctions, but even those are named restrictive.