Why would you be downvoted? You're speaking in favor of your enemies, which are the tech companies in the U.S. the employees of which comprises most of the HN crowd.
It is in the best interest of the E.U. to regulate Big Tech, if only because they are all from the U.S.
But with massive amount of economic muscle that tech companies can muster, specially if they work together, not to mention most of EU still "protected" by NATO, I doubt EU will manage to anything big anytime soon.