The "foundational mandate" part of this argument feels like pure hype when you consider how easy it is for businesses to just operate somewhere else.
If the compliance cost for Article 53 is too much, a tech company won't just fold; they'll simply avoid the EU market, making the rules less universal than they seem.
We saw it when certain payment apps wouldn't come to Senegal because our local banking rules were too complex for their business model.
So, it's not a foundation if you can just build your house in another country where the rules are easier to manage.