Price dumping in international trade is already illegal, like when China floods the market with electric cars and solar panels.
And I only wonder why EU has put up so long with price dumping in other domains. Like the whole Microsoft world domination strategy that was made possible by intentionally lousy enforcement of its IP.
In the AI age for example, almost all platforms are giving it away for free now and costs huge amount of money for them.
They are able to give it for free because their investors expect down the road to make much more money like they did in the Web age and then Apps age. Thanks to the investors of the time we had great run on the web and later in the apps.
In one hand it means that sometime in the future if they corner the market and establish a monopoly the service will suffer, will be used for doing bad things or become very expensive, just what the web and apps has become.
In the other hand this accelerates the technological advancements and deployment far beyond what would be possible in another business model.
Because eing a US vassal makes it difficult to sanction your overlord.
For a startup, locking into an API that is initially free can often break their neck in the long run. Because for a startup, switching providers is a big distraction. It's often better to run VMs or colocated servers on an OSS stack.
I'd argue that OVH (European) is the cost leader for that in every market they are in.
Eventually they lock you down and start recouping their investments from you but they do make some things possible simply because it costs nothing to try and as a result a lot of great things are incepted on those platforms.