Those countries simply forbid competitors from selling in their domestic markets.
EU regulations apply equally to EU and non-EU companies, so they won’t lead to homegrown tech champions. More likely they will cement the dominance of US tech giants because they’re the ones who have the resources to follow these regulations.
EU regulations apply equally to EU and non-EU companies, so they won’t lead to homegrown tech champions. More likely they will cement the dominance of US tech giants because they’re the ones who have the resources to follow these regulations.