No, it has better frameworks to regulate local companies but seems to give a free pass to international conglomerates that come in and avoid tax by off shoring it in other EU states. The EU has allowed the US tech companies in on an uneven playing field and they have obliterated EU tech companies, with Ireland in particular taking the proverbial by enticing them with low taxes to benefit it's own economy.

This was also perhaps tolerated as it was believed the US and EU were close and Europe benefited in other ways from the open trade with the US. Now it looks very short sighted and foolish. When Europe does try to regulate the big US tech companies, the US - not just Trump - objects and undermines it.

For example, in Europe McDonald's French fries contain 3 ingredients (potato, salt, oil) and in the US there are around 20 ingredients... The US adds all that extra shit to make the frier oil last longer, to make it easier to clean, etc. and fuck you for being poor if it gives you cancer.

That's actually a very poor example because the US and Europe have very different regulatory frameworks. The US actually requires more details when listing ingredients than Europea does.

Or a few big open standards and many competing implementations.