This is by design. The regulatory burden is so disproportionate that only a few large companies can operate following all the regulations and arbitrary rules s

This is by design. The regulatory burden is so disproportionate that only a few large companies can operate following all the regulations and arbitrary rules set by the Europeans unelected bureaucrats. In turn, large companies raise their prices, but it doesn't matter because they are the only game in town left since smaller companies simply can't compete. So the European consumer ends up paying for all the extra compliance through less competition while the bureaucrats pat themselves on the back and politicians keep getting "big victory" against the "evil foreing tech giants".