๐ณ๐ฑThe Netherlands has never blocked a ๐บ๐ธUS deal. Kyndryl's โฌ100M was first. Kyndryl is a US company spun out of IBM. It tried to buy a Dutch firm called Solvinity.
Solvinity runs DigiD, the login millions of Dutch people use. They use it for taxes, healthcare, and pensions.
A US law lets American agencies demand data from US companies.
If you log in with DigiD, your most private data was at stake.
So the Netherlands decided that the system was not for sale for a US bidder.
Is the growing mistrust of US tech companies going to become a more structural obstacle for US investment in ๐ช๐บEU:
A) Yes;
B) No?