So what you're saying is, that as long as there are other places in the world, outside of Europe, that still have a regulatory/financial/mentality/etc framework

So what you're saying is, that as long as there are other places in the world, outside of Europe, that still have a regulatory/financial/mentality/etc framework where new large software corporations can appear and flourish (and then open offices in Europe), then it's all good for Europe. If so, doesn't that seem a bit hypocritical? To have tighter privacy regulations locally but then be happy to accept business/jobs from companies that exist _because_ of no such regulations in other places (or at the time they were established)?