I might not put things in quite such confrontational terms, but the general complaint some people are making here is valid. The EU does have a track record of taking on technical issues without adequately understanding them and so legislating with perhaps good intentions but not always good results. This has caused significant damage to many organisations because of (presumably) unintended side effects, and obviously that does then have a chilling effect on things like investment plans and even whether to start new businesses at all.