Seems the EU is keen to regulate it's tech sector into nothingness, only stodgy big corporate crap like SAP making it through, and then when the good tech, which logically must appear overseas, shows up on their shores, they spitefully fine them constantly for everything they can think of.
Seems they're ruled by their worst.
It’s true Europe struggles to build big global tech companies, but that’s mainly due to factors like fragmented markets, less venture capital, and more cautious investors, not just regulation. Cities like Berlin, Amsterdam, and Stockholm actually have thriving tech scenes despite these rules.
So it’s really not about hurting US tech, it’s more about making sure huge companies, wherever they’re from, follow clear rules and don’t abuse their market power.