Having a foreign Google integrated into their web activities as much as we have a domestic Google integrated into ours is a threat to their own sovereignty.
I think is easy to see that you need to always had some new rules when someone finds a way to do harm to the society, I am sorry that the rules makes some billionaires have a few less billions.
I mean party leaders/ministers are put in jail when they do illegal things(though all of them complain it is a political attack), the point should be the facts, who was harmed and how to punish and prevent it to happen again if possible.
Apart from that I am quite happy to be free of supposed tech giants' 'innovation' when that involves them selling my personal information to whoever they choose and so support the EU from that aspect, but at the same time I have a sneaking suspicion that the rules would be less zealously applied if the tech giants were European. VAG seem to have got off pretty easily for the emissions scandal. Do you seriously believe that if a European company is threatened with EU fines that that country's leaders will not be on the phone to Brussels, and that these calls will not have an impact, moreso than a similar call from outside the EU?
There is no one who thinks politicians make decisions without politics. I mean, the word is in the name.