I wonder what it’s like being an European regulator drafting punitive regulation targeting “very large online platforms” and noticing that out of almost twenty of these companies only two are European.
Is there any introspection as to why one’s regulatory system is failing to produce successful companies in your own backyard? https://digital-strategy.ec.europa.eu/en/policies/dsa-vlops
nostr:npub19qm2trjs3p32nwqwry4ufxl4fk9q4utkq53ywueg0yk8cvggra5s79sn8k Is there any introspection as to why one’s regulatory system is failing to produce healthy companies in your own backyard?
Isn’t that the cardinal rule of European tech regulation, design it so that it doesn’t touch European companies?
The large tech companies have too much power
The only institutions that can curb this power are the governments
But US democracy is hobbled by a lack of campaign finance regulation which means that the tech company "donations" inhibits any politicians from exerting meaningful control over the companies
Luckily EU democracy is not so hobbled, so the EU democratic institutions can impose regulations that meaningfully curb the power of the tech companies in favor of the users
nostr:npub19qm2trjs3p32nwqwry4ufxl4fk9q4utkq53ywueg0yk8cvggra5s79sn8k Playing a devil's advocate here.
What if there are other factors? After all, Chinese regulations ARE draconian, yet China can have quite a few "very large online platforms".
What do China and USA have in common? Large population, with common language and common context.
Can it be a factor that makes it easier to accumulate critical mass?
(Example: you can find a lot of Americans willing to discuss political issues but do Spaniards care about Dutch elections?)
