alt Hacker NewsYes. It is both a little funny, and true. Often departments don't even want to start a software project if it is being perceived as "legal and IT are going to have all kinds of opinions on this". When we say everything runs in Europe, by European companies, it actually signals "there will be no problem with GDPR and data sensitivity, and your legal and IT departments won't complain, and the CEO will love it".
Those legal and IT departments of companies favours Microsoft and Amazon, as they are sure they won't get any issue with regulation, or if they do they are the ones who can have better legal representation than a small open source self hosted software.
There is just no reason to believe European companies are any better in data privacy. I signed up for Hetzner once and they asked for my passport. Any American company doing that would be bashed so hard here.