Germany is the epitome of the EU. Pass or not Germany and the EU has way more regulation then the US. My point was people who like to complain about regulation here should take a peek across the pond.
We definitely have too much regulation for companies here, but on the other hand you cannot really gain much with lawsuits as everyone does kind of act to what is common sense. Unless you did something which is obviously wrong (defraud taxes, steal actual money), no matter what comes out of court usually doesn't impact much / anything for companies. Unlike the US I believe.
My impression is that EU countries have annoyingly too much regulation for businesses and tend to afford individuals much more freedom than people have in the US. In the US, it seems to be the other way around.
Why would that be bad? The point of regulation is to prevent market inefficiencies, abuses, scams and similar. Regulation is the reason EU customers know how much they will pay for items (VAT included), know what the final flight prices will be, can have mobile subscriptions costing less than 25€ per month, get vacation, sick days and pregnancy leave, ...
