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by JumpCrisscross 2901 days ago
> Americans tend to freak out at EU style regulation, becuase they have a pathological relationship to their own regulators

I’m Swiss American. My fellow Swissmen are similarly sceptical.

The realistic risk isn’t someone fining everyone a billion dollars. It’s that you didn’t curry sufficient political favour with the right regulator and now get to see their capricious side. These are a legitimate concerns for anyone considering doing business in Europe.