Heavy-handed regulation has essentially crippled Europe's tech ecosystem. Look at the numbers and it tells the whole story.



While the EU was tightening the screws, they're now slapping Google with a $10.5 billion fine—essentially picking at the remains of what could've been. Enough capital to fund ambitious projects they'll likely never see.

The contrast is stark. European GDP grew from $16.4 trillion in 2016 to $19.4 trillion by 2024—a $3 trillion increase over eight years. Meanwhile, the US went from $18.8 trillion to $29.2 trillion, adding $10.4 trillion in the same period. That's not just a gap; it's a chasm.

Regulation has its place, sure. But stifle innovation, and you're essentially watching your competitive edge slip away while others sprint ahead.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
VibesOverChartsvip
· 17h ago
Europe has really shot itself in the foot. Just a $10.5 billion fine on Google would solve the problem? Wake up.
View OriginalReply0
StillBuyingTheDipvip
· 12-27 15:54
NGL, the EU's move is really shooting itself in the foot. Fining Google 10.5 billion isn't as good as using that money to support local innovation.
View OriginalReply0
SilentObservervip
· 12-27 15:49
Europe's move just shot itself in the foot, still punishing Google for no reason.
View OriginalReply0
NeverVoteOnDAOvip
· 12-27 15:48
Europe really messed itself up, fining Google $10.5 billion and still acting smug... It would be great if this money could actually be used for innovation.
View OriginalReply0
screenshot_gainsvip
· 12-27 15:44
The EU is really shooting itself in the foot... Why spend the $1.05 billion fine on Google instead of using it to support innovation?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)