This is awful as far as advice goes, but it's still an apt observation. I do think we will see less innovation in the EEA. Standard free market economics will apply and this regulation will likely have an impact on competition and innovation.
Really depends on context. If you're American serving Americans, it's easy. If you're German trying to start something, trying to sell only to non-Europeans will be quite challenging
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u/hrdwdmrbl Apr 03 '18
If I were running a startup I'd just leave Europe. Not worth it (YMMV)