Booming Data Economy: Brussels Regulates Innovation to Death

Booming Data Economy: Brussels Regulates Innovation to Death

In the United States, the data economy is undergoing a boom reminiscent of the industrial startup era. Whether it’s Amazon, Microsoft, or Google — America is pouring massive investments into the infrastructure of tomorrow’s economy. Brussels, by contrast, is expanding its regulatory catalog. The bureaucratic storm is, unsurprisingly, rooted in the EU’s climate agenda: by 2030, Brussels aims to cut CO₂ emissions by 55 percent, and achieve net zer…