this post was submitted on 01 May 2024
54 points (95.0% liked)
Formula 1
9070 readers
109 users here now
Welcome to Formula1 @ Lemmy.world Lemmy's largest community for Formula 1 and related racing series
Rules
- Be respectful to everyone; drivers, lemmings, redditors etc
- No gambling, crypto or NFTs
- Spoilers are allowed
- Non English articles should include a translation in the comments by deepl.com or similar
- Paywalled articles should include at least a brief summary in the comments, the wording of the article should not be altered
- Social media posts should be posted as screenshots with a link for those who want to view it
- Memes are allowed on Monday only as we all do like a laugh or 2, but don’t want to become formuladank.
Up next
2024 Calendar
| Location | Date |
|---|---|
| 🇺🇸 United States | 21-23 Nov |
| 🇶🇦 Qatar | 29 Nov-01 Dec |
| 🇦🇪 Abu Dhabi | 06-08 Dec |
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
There are US laws for business. Most countries have them. Antitrust laws are not contingent on internal contracts. It's a law not a contract dispute. If you can acknowledge that it might be worthwhile to go further.
US laws don't apply outside of the US.
I get that you're really into your nationalism and American exceptionalism over there, but surely you understand that.
US law is as relevant here as Japanese law.
Sigh.
US laws apply to anybody or anything on US Ground. That includes people, business, and things like money and banking.
If you want to practice monopolistic business practices in other parts of the world and exclude the US and U.S.-Mexico-Canada Agreement countries, that is up to you and the antitrust laws of the EU and Britain.
If this is your way of saying you understand this is not a contract matter, say so.
Exactly, and FOM isn't in the US, it's in the UK. I can show you a map if you like.
This really isn't complicated.
So, it's not a contract issue
You are dead wrong about F1 being a foreign entity but suppose it is. Suppose it is incorporated in Britain instead of Delaware. Then it still can be indicted as was FIFA, a Swiss company, as this article explains.
https://www.cnbc.com/2015/05/27/why-fifa-is-being-prosecuted-in-the-us.html#:~:text=FIFA%20may%20be%20based%20in,some%20of%20its%20top%20officials.
BTW, the Feds won this case.
It is a foreign entity, are you stupid? The UK is not in the US. I can show you a map if you like. How could you possibly argue that a business based in the UK isn't a foreign entity to the US.
Doesn't apply to FOM.
Also, this covers financial crimes in which American financial companies and a headquarters based in the US was involved.
Very different to FOM, a British company, the FIA, a French company, and teams (various countries) setting standards on who can join their private club.
Should the NFL be under the jurisdiction of the UK?
OK, we'll end this right here. You obviously are on the edge. I'll block you for good measure.