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You mean "anti-monopolistic" regulations. That also answers all of your questions.

> This looks like it will kill competition and harm European innovation

I don't really understand how you got from "you are not allowed to stifle competition" to having less of it?

It is monopolistic because it comes from a monopoly (the regulator) with no way around it for Europeans that disagree.

Well rent control is also supposed to lower rents but usually what it does is make them more expensive and lower the quality on the long term.

Haha, "democracy=monopoly". Haven't heard that one before.