[dimmke]

The problem as I see it is that the internet gives businesses the ability to operate globally, but having to be in specific compliance with different laws from every single country (or group like EU) is really challenging and in some cases the regulations are misguided (I think the rise of cookie consent banners is one of the crappiest things to happen to the internet as a user)

And that does make it hard, especially if you want to start an internet based business without a ton of money. It adds a huge barrier to entry. Whereas existing players can take on the burden of complying etc... further solidifying the position of very large tech companies.

I do agree that basic consumer protection laws are needed, but one overzealous piece of regulation really can cause a lot of problems.

[account42]

> I think the rise of cookie consent banners is one of the crappiest things to happen to the internet as a user

Those have a simple compliant solution: Don't use more cookies (or other tracking) than you actually need to server the user.