There shouldn't, in theory, be a heavier regulatory or tax burden on an EU company operating in Europe than on a US multinational operating in Europe.
There is in practice, which is how we got into this situation.
There is in practice, which is how we got into this situation.
... and drown in regulations and taxes. There's a reason why the vast, vast majority of IT startups are not in the EU.
Source: am a startup in the EU.