Earlier quoted context omitted.
You can translate this to any kind of regulation. Want cars not to explode when slightly rear-ended? Why are they so expensive now? Where did the car businesses go? Let's create car security companies! Why so expensive still? ...
I think your example just fortified his comment. I can't make a car company. I can make a webcam on doors company. And you might say it is about raw materials. But I can buy enough materials for one car and one webcam door. I can't put the car on the road (as much as it make sense) only because of the sheer amount of cost required to pass regulations. So while regulation is something we want as costumers. I think we'…
Alternatively looked in the metaphor, cars are dangerous things - for the passengers and civilians nearby. We as a society don't want any random vehicle to be on the road due to the risks involved. A webcam door doesn't have this type of risk associated, so it's fine to DIY and whatever. However there are still risks, like PII leaks, so these they need to be mitigated too.
> That is why I think the GDPR is great since it applies to companies with 250+ employs.
No it doesn't? It applies to any company that holds EU citizens' PII.