this post was submitted on 03 Oct 2023
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EU is more defensive and protectionist because our companies are a lot smaller due to a more fragmented internal market, more regulation, and getting damaged/destroyed in WW2. Notice that this all hits big tech and that the EU has nothing similar on this front. I don't think the EU capital owners would push for this otherwise and that is basically all the EU listens to. A nice side effect is that it usually is actually good regulation to protect their citizens.