> The problem is that you pass DMA, DSA, GDPR, etc. which Google, Apple etc. can fight for years in court and if they have to pay a few billion, so be it.

And how do you compete with the big tech companies without it? It's been decades without anyone being able to do it. Not in Europe and not in the US. OpenAI might have a chance, but they also have billions.

The days where someone could drop out of school and start a company in the garage is over. Cost of living is up, so is competition. Companies need to expand and regulation like GDPR makes it easier to do so instead of having to deal with multiple countries regulation. The US always had an advantage in regulation like the DMCA.

To spell it out, before regulation European companies had to...

Deal with privacy regulation of each country. Which in the EU was supposed to be similar, but wasn't entirely. With GDPR not only is it the same in the EU, but other countries are now following the same model.

Register for VAT in every EU country it sold (enough) products in. Making many not sell to other countries at all until Amazon ate their business. With VAT MOSS you only register in you own country.

Accept many form of payments with many different fees since credit card adoption and cost could vary wildly. With interchange fees capped you increasingly only need to accept common credit cards.

Pay large roaming charges when traveling, making starting services like Uber or Airbnb less relevant since you couldn't assume someone had data in another country.

Try to compete with big tech companies that were charging for access to their platforms while minimizing their taxes through royalty payments, VAT deals and offshore holdings. Giving them a huge advantage. This is still the case, but lesser so.

For actually running a company it is a lot better now.

There are other problems with EU regulations. Some things are natural monopolies or in other ways doesn't do well as markets. Privatization and state-aid rules prevent European countries from effectively managing these areas. Any advantage Europe had over the US in cost of living and public services is rapidly diminishing.

user:	pieds
created:	March 19, 2025
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