If I was the EU:

I'd get as far away from USA tech, economy, & thinking, become as incompatible as possible

I'd expand consumer laws: #RightToRepair, #RightToSalvage, #RightToInteroperability, #RightToPreserve, #RightToEncryption, #RightToHack, etc…

Rewrite tax laws so that you can only get a tax write-off on anything digital if you release it as open source

I'd massively invest in alternatives for the internet, which don't use the internet protocol stack, like meshcore, reticulum, etc…