The EU has long lost the plot with all the bureaucracy and rules. People like it when the government cracks down on powerful corporations, not understanding that the government apparatus is the most powerful and dangerous institution of them all. I'm not fully against that part of the DMA, breaking up these walled gardens could be positive. But history has shown once they start meddling with the markets, governments rarely know when to stop. That's because people in positions of power generally think they're in control and know what they're doing.
Look at the recent bottle cap directive for a more insane example. There are sadly hundreds of such cases at this point and the number of rules keeps growing year by year. Doing business in the EU will become more and more difficult and especially the cost for starting a new business is growing massively because of what needs to get invested in compliance before you even get started. This will be devastating for innovation and their economy as a whole.
> not understanding that the government apparatus is the most powerful and dangerous institution of them all
OK, but we can vote government out at regular intervals, meanwhile we're supposed to just accept anything corporations do because... they're not government? Cherry picking and misrepresenting EU regulations doesn't make your argument any clearer.
But where your argument really fails is that you don't really have one beyond ideological claptrap, taken solely on faith, or perhaps with specious arguments about out of control government and how markets and corporations are innately good and cannot be "interfered" with, lest the economy and "innovation" collapse. Please give us all a break.
Business don't get started and fail not because of government regulation, but because of huge corporations that crush competition, withhold access, promote incompatibility, etc. They use their size to ignore regulation and warp markets to their benefit.
Of course not all corporations are bad but some are, and that's why we have regulations.
I’m sorry, but what was that? The economy will collapse due to bottle cap directives? You know that these arguments have been thrown around by anti-EU interests since the 90s and its never ever panned out
"step off the multi-billion dollar corporation, bully!"
seriously though, it never ceases to amaze me the level people repeat corporate propaganda and conflate corporate success with their own self-worth. These companies literally spend billions in lobbying the government to "influence" their decisions and run rigorous ad campaigns that smear any sentiment that isn't vehemently pro-billionaire, pro-corpoate, pro big-tech etc... so its not all that surprising that people fall for it but it is truly astounding.
Look at the recent bottle cap directive for a more insane example. There are sadly hundreds of such cases at this point and the number of rules keeps growing year by year. Doing business in the EU will become more and more difficult and especially the cost for starting a new business is growing massively because of what needs to get invested in compliance before you even get started. This will be devastating for innovation and their economy as a whole.