How do you have a “local entrepreneurs startup” that has a global catalog of hotels all around the world?
The problem with the EU in general is that every time they try to pass a law they run into the pesky problem of free will and users preferring the offerings of the BigTech companies not realizing that all of the laws they pass further entrench the big companies because they have the resources to both desk with the regulations and they can create and nurture their business in more favorable countries like the US and then use those resources to expand.
The reason that the tech environment is so anemic in the EU is not because there aren’t enough laws and regulation.
The problem with the EU in general is that every time they try to pass a law they run into the pesky problem of free will and users preferring the offerings of the BigTech companies not realizing that all of the laws they pass further entrench the big companies because they have the resources to both desk with the regulations and they can create and nurture their business in more favorable countries like the US and then use those resources to expand.
The reason that the tech environment is so anemic in the EU is not because there aren’t enough laws and regulation.