> I'm reasonably happy the EU is interested in shifting profits back away from big tech This is not going to happen. Regulations are very likely to favor incum

> I'm reasonably happy the EU is interested in shifting profits back away from big tech This is not going to happen. Regulations are very likely to favor incumbents as their high rate of profit can more easily accommodate them. Incidentally this is the reason why sometimes big companies are in favor of laws that seem to be bad for them: they are worse for the competition.