Hacker News new | ask | show | jobs
by astrange 1218 days ago
The EU is set up to regulate already giant companies, which means it's not possible to create new ones because they can't afford the regulatory risk. (Mostly because the regulations are intended to troll American companies, not to do anything useful.)

And there isn't sufficient venture capital to build up new ones either. Maybe they can all adopt Yandex and VK.

1 comments

>Mostly because the regulations are intended to troll American companies

Which one?