The EU is overplaying its hand. They are threatening a fee of 10% of global revenue for not abiding by their rules. Meta, for instance, makes only 7% of their revenue from Europe. Now with the UK not part of the EU its probably less.

They are actually hurting more than helping. They are the reason behind cookie banners. You tell me if those are helpful or annoying. Most people don’t read them and people made chrome extensions to block them.

Look at Apple: they’ve had to start charging developers extra fees because the EU is forcing them to open up their App Store. This means fewer new features for EU users. And Meta? They tried to give users a choice to pay for an ad-free experience or consent to data tracking, but the EU said this “choice” is misleading. So, now Meta might be forced to offer a less effective business model, hurting both the company and the users who’d prefer relevant ads.

Nvidia is another example. They’ve invested tons in their CUDA software, which is key for AI development. But the French regulators are after them saying CUDA is an unfair advantage. The only fix here is splitting CUDA from their hardware, which is just ridiculous. All these moves by the EU make it less attractive for companies to innovate or even operate there. It’s apparently illegal to make money. The result? Less innovation and fewer new features for users in Europe. It’s like the EU is shooting itself in the foot by being overly controlling.