If the “Brussels Effect” Fades in Tech Markets, the EU Will Only Have Itself to Blame

The EU’s ability to project its regulatory standards across the globe is under pressure. Policy-makers within the EU fret that over-regulation, especially in tech, is contributing to the bloc’s slow economic growth. Tech firms are increasingly withholding innovative services from European consumers, blaming new EU tech laws. And countries like the UK and the U.S. are taking a deliberately different approach to the EU in regulating newer technologies like artificial intelligence. But the main