> Regulating the tech Market is great for local tech

Except, it is not. At least not in the situation that the EU is in. Because all regulations are a constant burden on business, small relative to big corporations, huge for medium companies and insurmountable for startups.

The EU has no big players, not a single one! We have a few medium players like SAP and that is it. So, we are already far behind and every weight we load on to drag us down is another nail in the coffin.