[foobarxyzzy]

To say that the EU has more regulation is not necessarily true. Let me give you an example. Suppose that i want to create a custom cellular device to control some process in the field. In the EU I pretty much just need to get a CE mark, whereas in the US, I need: - FCC - UL or ETL (now this is "voluntary" but if you deploy a non listed product in to some environements, you will be taking your company's life in your hands - PTCRB - this is a cellular industry certification - carrier approval for each carrier that i want to deploy on (verizon, etc)

Now some will rightly point out that there are faster ways of doing the above like using modules with modular certification, but you need to pay $$$ for this.

Folks don't see UL, PTCRB and carrier approvals as "regulations" because they are not government mandated. However, they are just as detrimental to innovation as anything that is driven by government.

As a developer of technology products, I also see more and more that US customers are terrified of custom hardware, or even anything physical - they just want to create cloud-based software systems that site in a datacenter that they do not own, running on virtual servers. They are often quite happy to give loads of margin over to folks selling and installing off-the-shelf hardware solutions that are often sub-optimal in terms of functionality, just so they can stay away from the scary physical stuff.