It’s one of the few benefits of EU being a complete backwater when it comes to software and consumer tech products. There will be very little harm to EU’s econ

It’s one of the few benefits of EU being a complete backwater when it comes to software and consumer tech products. There will be very little harm to EU’s economy since almost all of the profits are being sent to the US anyway. Also this/GDPR/etc. is a form of protectionism (not that I see anything wrong with that to a limited extent) which will hopefully give at least some slight competitive advantage to EU tech companies (since they really do need it) and maybe a bit more crumbs to fight over.