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The author of this article is a genius, able to express the problem so clearly. These types of regulation that have been coming through the EU are good for the
by phyller 8y ago
The author of this article is a genius, able to express the problem so clearly. These types of regulation that have been coming through the EU are good for the biggest of businesses. Complex and difficult to follow regulation allows the big companies to build a big moat, they have the money to build systems to satisfy the regulations, even to game the regulations. And no new companies will be able to disrupt them. Who's going to risk $60 million dollars on your startup before they get anywhere, just so they can comply with regulations?
EU, get ready for Google, Apple, Amazon, Disney, and Coca-Cola to choose what services and products you get, and how much you pay for them.