Big firms can bear the costs of complying with regulations much more easily than small firms. Our economist, John Phelan, writes for FEE

Google and Facebook Will Just Get Stronger if Regulators Get Their Way, Europe’s Experience Shows | John Phelan

The European Union’s General Data Protection Regulation has helped entrench big tech companies like Google and Facebook. “Some of us keep pointing out to the EU that if these laws are designed to go after Google and Facebook,” Mike Masnick of Techdirt explains, “they’re going to miss their target…