A clear distinction between the EU and the USA 🌍🇺🇸
According to the results of 2024, the figures speak for themselves:
• 💶 EU revenue from fines imposed on American IT companies: €3.8 billion
• 🧾 EU revenue from taxes on all European IT companies: €3.2 billion
Why is that? 🤔
Strict regulation in the EU limits business, increases demands, and regularly 'punishes' companies.
In the USA, regulators are much more lenient 😌 — therefore, innovations start and grow faster there.
Yes, strict rules in the EU better protect users 🛡️
But the price of this is the lagging of its own IT sector, which is clearly visible in the picture 📉