There is nothing about this that is amazing. It was predicted endlessly, and those predictions were dismissed by people citing the fact that big companies opposed these measures. They opposed them because while their relative position is stronger, the pie is now smaller.
truly one of the most amazing developments in trans-Atlantic tech policy over the past 20 years is the way that Europe set out to regulate US tech giants into the ground, but only made them more dominant as a result.
This Economist headline really says it.