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Internet offers
companies an unique opportunity to expand their markets beyond their home
turf. Just set up a Web-site and it
is visible all around the world. Many
people in Europe speak English and can use the US site, they order goods or
services and you deliver them. Simple
and efficient and works well as long as your business does not expand too
much. However, ones you start
thinking about establishing in Europe in excess of offering your products to
an occasional visitor the picture gets more complicated.
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The crucial
question is whether to serve your European clients directly from the US or
move into Europe and set up European operations. This speech gives an ouline of the major regulatory issues that
should be considered before deciding whether or not to cross the Atlantic or
let your customers come to you over the ocean.
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First I will
list the topics that are in favor or against moving to Europe and then I will
explore each topic in more detail to
give a feel on the necessary considerations.
Finally, I will make conclusions on the general consideration and the
direction one should take.
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