USB3/USBC is coming in the next set of devices (thanks EU), so at least the speed issue will be resolved.
So, let's end the farcical statement that the EU stood up to Big, Bad, Apple. The EU did nothing.
If Apple still wants to use a superior in-house technology, they can implement Thunderbolt on iPhone.
We need regulators to do this so Apple doesn't change their mind and make "Lightning 2". Even if Apple did have a full USB-C switch on their roadmap, every company in FAANG needs a healthy fear of regulators. Europe cracking down on the App Store and Apple's silly proprietary cables are the start of this, and a fantastic first turnout so far.