E.U. regulations made the CrowdStrike fiasco much worse

The recent chaos caused by a faulty software update from cybersecurity firm CrowdStrike was a warning that the world's technological infrastructure may be a tad more fragile than we'd been led to believe.

It appears that, yet again, government regulation made a bad situation even worse.

An agreement with the European Union affected the entire world because of something called " the Brussels Effect ".

Some U.S. regulators are actively working with EU bureaucrats to regulate US companies.

The end result is something approaching a global regulatory regime as dictated by European Union bureaucrats.

Europe 's rules become the default for the planet not because they make sense, but because they're the most restrictive and so will pass muster everywhere.