This decision has effectively killed the "internet lemonade stand", where a person with a bit of web knowledge could go online and a day or two later have a store that sold something.
Oh sure, you can still do that. But now it's going to all be channeled through gatekeepers that will ensure regulatory compliance. And run their own little walled gardens. Better not tick them off. (This is a nice little website you have here. Are you sure you're happy with that tweet you sent one night after heavy partying seven years ago? Be a shame if somebody made a fuss about that and started harassing your gateway provider)
There should also be some interesting macro changes. At some certain price and weight points, it's probably going to be easier to buy overseas and avoid taxes, at least for some residents. I would expect international shipping to tick up a bit.
Yes on international, just bought a one plus phone, came from Hong Kong, not one penny in sales tax. Quite the advantage over the iPhone x where I would have paid close to 100$ in sales tax.
Oh sure, you can still do that. But now it's going to all be channeled through gatekeepers that will ensure regulatory compliance. And run their own little walled gardens. Better not tick them off. (This is a nice little website you have here. Are you sure you're happy with that tweet you sent one night after heavy partying seven years ago? Be a shame if somebody made a fuss about that and started harassing your gateway provider)
There should also be some interesting macro changes. At some certain price and weight points, it's probably going to be easier to buy overseas and avoid taxes, at least for some residents. I would expect international shipping to tick up a bit.