[latk]

Every EU company has been having these compliance problems since the Privacy Shield invalidation in last year's Schrems II judgement. It is only Facebook that had the lawyers (and the gall) to sue the Irish DPC to prevent them from enforcing this judgement. Other authorities have already started enforcing, for example a small Bavarian company got a slap on the wrist for having used MailChimp.

But yes, the EU regulatory environment is definitely making it more difficult to cheaply trial some business idea. GDPR isn't part of the problem. By unifying EU data protection law it has become easier to target the EU as a whole. My gripe is more with things like the upcoming copyright directive which is a de-facto link tax.