The General Data Protection Regulation (GDPR) was supposed to be Europe's big move to protect consumer privacy and reassert its technological relevance.
Maybe this is a chicken and the egg thing. Because the startup ecosystem is less mature in Europe, there is no interest group to push back against the laws. Meta and google have bigger lobbying operations and large employment. Yhr best way to drive change is to get European peoples themselves to push for change. Notice how despite pushback Ireland keeps it's friendly tax structure. The peoples of Europe need to find technology as valuable and then they will fight for it. Yet another Brussels driven initiative is unlikely to change these dynamics. One possibility is for European pension funds to organize as a group as they spend considerable sums in the American tech ecosystem and would probably prefer European ones.
Maybe this is a chicken and the egg thing. Because the startup ecosystem is less mature in Europe, there is no interest group to push back against the laws. Meta and google have bigger lobbying operations and large employment. Yhr best way to drive change is to get European peoples themselves to push for change. Notice how despite pushback Ireland keeps it's friendly tax structure. The peoples of Europe need to find technology as valuable and then they will fight for it. Yet another Brussels driven initiative is unlikely to change these dynamics. One possibility is for European pension funds to organize as a group as they spend considerable sums in the American tech ecosystem and would probably prefer European ones.