Aside from that of course the EU has made it relatively clear it does not really want unicorns like Twitter or Facebook. So I mean if you take away PII violating companies from the mix then things might look more equal also - but perhaps that is more of that pesky legalese bullshit you seem to find onerous.
But then .. you have Israel who has a 10 times smaller economy per GDP size and still managed 17 unicorns ¯\_(ツ)_/¯
hmm, yeah maybe it doesn't matter so much the GDP size - does Israel have a lot of legalese bullshit?
on edit: changed petty regulations to legalese bullshit. Couldn't remember the exact phrase this far down.
I'd much rather have Big Tech and the money it brings home - nobody is forced to use their free services, I'm simply avoiding them - than have Chat Control forced down my throat unless I move to the Land of Free PII Violations.