Earlier quoted context omitted.
They'll put more and harsher regulations on American companies until they say yes. So I'm fine with whatever decision US makes, because I wouldn't mind if US companies (and the US government by proxy) wouldn't have a monopoly on EU users's data anymore.
You want governments to decide market winners and losers?! the fact that US companies are successful in Europe and Europeans are less so is partly due to the fact that they don't suffer from the backwards economic views you're currently displaying.
That's kinda harsh, there might be other reasons too[1].
[1] http://en.wikipedia.org/wiki/ECHELON#Examples_of_industrial_...