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by Aerroon 973 days ago
>The EU tries to regulate the Wild West that the internet opened up. That's not at all the same as "killing innovation".

The results say otherwise. One way or another Europe killed off its tech companies and it's now entirely reliant on foreign companies for almost all IT services.

It's not a trope because they've already succeeded. You can't look at the EU where almost every IT service they use is made by a foreign company and say call it flourishing.

>But to my mind, unregulated everything is a nightmare.

Everything, like making food for your kids? Breathing air?

2 comments

> Everything, like making food for your kids? Breathing air?

Absolutely.

Unregulated food means that corporations can sell toxic food that will make my kids ill, if it is profitable.

Unregulated air quality means that corporations can indiscriminately pollute air, externalizing costs and making air unbreathable.

What 'killed' the tech market in Europe is having 27 countries with different languages and laws. It is extremely difficult to scale a software company in that environment. The regulations unify the market and is the only way out. Note that the tech market in Europe is far from dead, it's one of the best ones after the US. The other successful one being China, who isn't exactly a deregulated libertarian paradise either.