In Tiktok, a Bad Omen for Chinese Technology in Europe

Europe has thus far failed to produce a homegrown rival to America and China’s tech giants. By developing the strictest data privacy regulation in the world, it has potentially found a way to force China and the United States to play by its rules. “The EU is caught between the U.S. and China,” said Eline Chivot, a Brussels-based senior analyst at the Center for Data Innovation who focuses on European technology policy. “It sees Schrems and GDPR as a third way to exist in the online environment, not by building large technology companies but by regulating them.”