There is another factor at play here: EU hosting providers that are not owned lock, stock & barrel are few and far between and Hetzner has a very nice sales representative in the White House.
Yeah, also Hetzner is smart enough to realize that a lot of people are moving to them who are "Buy EU"-driven and are less price sensitive (certainly the most valuable ones are). Hopefully they can take these higher prices and further invest into the platform.
The strongest reaction of EU would be to subsidize RIPE small LIR fees to 0€ and embrace decentralization.
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Can you expound on that? I'm not sure I get what you're implying.