Meta and other data mining businesses are constantly complaining about the GDPR because it limits their ability to steal personal information and they have to c

Meta and other data mining businesses are constantly complaining about the GDPR because it limits their ability to steal personal information and they have to comply with data residency, consent and deletion regulations. They also "play dumb" and blame compliance with a regulation they want gone, or make a big deal out of compliance to turn public opinion. When there is a difference in regulation between major economies there may be an advantage to be had, but my feeling is that the GDPR (or similar) is not the main reason European tech companies are unable to compete with the US. There is no equivalent of Silicon Valley in Europe that combines talent and investors in one place. It's a hard problem to solve when Europe is made up of multiple countries and cultures, even if the EU has aligned some key things.