why do you think they are excited to regulate stuff?
One thing that makes me skeptical about the EU long term is the way they seem to view regulation not as an unfortunate necessity, but as an exciting project.
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The libertarian in you comes out...appreciate that.
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I agree with your worries, though it seems "private regulation" balloons where gov. regulation is lax. E.g.: credit score and rating agencies, content removal from youtube, private monopolies/oligopolies setting rules, etc
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Interesting perspective! Why does that make you sceptical in detail?
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Europeans are inherently skeptical of American tech firms. They do not trust them with private data. Personally, I thought GDPR was a good use of regulation. So while some regulation may seem excessive, the U.S. could do a better job of protecting consumer rights.
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