This is about startups, the companies ostensibly stifled by Europe's regulatory regime.

The only thing that's holding back the likes of Apple in Europe is an inability to rent-seek off the app store, which is something Europe quite knowingly chooses to restrict. (Rent-seeking is just profit at the expense of the rest of the economy, again, why would Europe want this?)

And no, current startups aren't going to grow into the "next Apple".