Mark Zuckerberg’s recent announcement to replace content moderation with ‘community notes’ caused quite a stir. But it may also have marked a tipping point.
The EU is now reviewing its investigations into Meta, Apple, and Google. For years, European regulators led the charge against Big Tech—billions in fines, groundbreaking laws like the DMA and DSA. The assumption was that companies needed Europe’s market, no matter the cost of compliance.
But the tide is shifting. With Trump as an ally, Big Tech has gained leverage. Enforcement is no longer inevitable.
I’m fearful Europe is pricing itself out of the market. By making entry so burdensome, companies might decide it’s simply not worth it.
I’m hopeful, though, that we’ve reached peak regulation. A point where pragmatism begins to set in. For Europe to remain relevant, it needs to avoid overplaying its hand.