John Collison co-authored Stripe annual letter criticizing EU regulation including GDPR for stifling innovation
Jan 1, 2025In Stripe's 2025 annual letter, co-authored with brother Patrick, John Collison called for regulatory, capital markets, and labor reforms to revive European prosperity. He criticized European regulations like GDPR for imposing disproportionate compliance costs on small firms that favor large incumbents, and argued Ireland's proliferation of 303 unaccountable agencies since 2000 has stalled infrastructure and housing.