Submitted by davetowers646 t3_zxgd97 in news
Curious_Associate904 t1_j221qiq wrote
Reply to comment by HildemarTendler in Exxon sues EU in move to block new windfall tax on oil companies by davetowers646
This is basically already a law in the US, if someone harms your potential profits through some kind of unprovoked action you can sue as anti-competitive behaviour or a slew of other US business legal statutes which would be considered wild in Europe. More or less for the reasons you mentioned too, the dependency on financial instruments means that the mechanics of those financial instruments require protection.
SutMinSnabelA t1_j23iyzs wrote
Will be interesting to see how EU manhandles them though. They do not take price manipulation and such things well. They are just as likely to fine additional costs on top of the tax for trying to dictate their markets.
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