As an entrepreneur, I believe that safe, fair competition is ultimately good for the consumer, and likely to expand the market in which it occurs - to the benefit of all. Disruptive new entrants can be a force for good, forcing others to up their game and creating a better overall experience. However, for that to happen a level regulatory playing field, where everyone knows where they stand, is essential.
Europe is already missing the online boat: a streaming music provider like Spotify had trouble rolling out its service in Europe, and its competitor Pandora is not active on the European market at all, because of royalty issues... It is time that Europe opens its borders to innovation. There is no way back, the only way is app.