Yeah, the legislation is morally defensible on its own terms. But when you look at the full system, something funny happens:
EU legislation is blocking data extraction and platform lock-in tactics that Big Tech already used to become monopolies.
And since the big platforms don't have to unwind their advantages or pay back for the methods that are now restricted and considered illegal, they can peacefully extract rents from their entrenched positions for even longer, while everyone else is prevented from using the same ladder they climbed.
Every last single cent of that "economic development" is in the hands of billionaires, at least people in Europe have rights and their government isn't a couple of monopolies in a trenchcoat.
And since the big platforms don't have to unwind their advantages or pay back for the methods that are now restricted and considered illegal, they can peacefully extract rents from their entrenched positions for even longer, while everyone else is prevented from using the same ladder they climbed.