I can't agree with you about that because this regulation alone isn't really enough to make me leave EU, there are many good things that make it worthy to stay here but overall, I really think about moving to the USA because in Europe you are very limited in terms of growing your salary or starting a business (depends on the country though).
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Yes, the EU is really making it very hard for businesses to grow. Europe doesn't have Facebook, Netflix, Microsoft, Google while in reality, today, these businesses mean a lot and it's very possible for EU to have this kind of businesses but they don't care.
In Poland we had Roman Kluska which biz was destroyed due to him not giving bribe when some ppl wanted it from him.
For a millions biz he got 100k or 200k PLN from court as a compensation. These were decades of court cases.
He won, but nearly nothing.
Since around year 2000 I know that making bigger biz in Poland is nonsense.
I would make biz for millions but also I know it would be destroyed by some ppl, so I didn't even started.
Also ppl with high experience in IT are treated very badly. Since every few months the salaries are reset and you start from few thousands PLN less. This happens for years each and every few months. And ppl don't see that, they just agree and live below their experience.
Poland is so shitty country, I observe that for decades. This is a closed loop. You cannot stand out here. Even if you should.