I am not sure if I can follow your arguments. Why would GDPR result in Europe never producing a Google or Facebook? I can imagine arguments that a product that

I am not sure if I can follow your arguments. Why would GDPR result in Europe never producing a Google or Facebook? I can imagine arguments that a product that has to abide to the EU rules could be less competitive outside EU, but the same issues apply for Google and Facebook if they want to continue operating within the EU. Since both Google and Facebook are slow to comply to GDPR and are perhaps in the dubious position of having to comply to competing USA/EU regulations, presumably EU based companies would have an edge within the EU. If you mean GDPR results in less companies being able to grow to the current scale of Facebook and Google, because the global market gets splintered I can see your point. That would imply an impact for Facebook and Google as well though. Personally, I would not object to that.