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> How can any small company or startup survive if they have to contend with those kinds of requirements?

That's why Twitter didn't start there.

If Twitter had started there the US would have just scooped it up with their free monopoly money.

The free monopoly money that is somehow worth more than the european monopoly money.

Because weapons.

Only the designated world reserve currency is truly free monopoly money.

That's beside the point if Europe's regulatory structure (among other reasons) made starting a business there less attractive anyway.