US businesses can get bent. Half my country is rotten and hollowed out, all the shops replaced by Amazon. Screw them. Uber wants to come over here and put our local cabbies out of work, then bring them all back on lower wages with higher fees. Screw off. Air B&B destroys affordable housing all across Europe and turns cities into tourist hell. Oracle comes over here and they're trying their damnedest to get their hands on our valuable NHS data. Facebook (now Meta) comes over here and shows horrific content to young children, wrecking the mental health of teens, especially young girls. Twitter (now X) wants to pollute my country's politics with American fascist nonsense while its owner promises to donate hundreds of millions to far right political parties across the content.
I don't want any of these “services” thank you very much. Inflict them on your own people, not us.
American technology companies operate by finding technological solutions to evading the law, then counting on being too big to fail once regulators catch up. These companies do not provide innovative products, they abuse monopoly power to dominate industries. The Chinese are smart enough to make their own versions of all this stuff so that they aren't under the US yoke and I want the same here (sans the dictatorship of course). I want to replace every horrid US machine with something FOSS or publicly owned, and every regulatory step towards that is a win in my book.
Maybe instead of turning your nose up at other countries that dare to regulate your tech overlords, you should try to get your politicians to do the same thing.