Maybe, but what sucks about Germany and the EU is the arbitrary nature of many laws, enabling them to selectively punish those who don't play their game. By not being able to define clear boundaries, you give them the power to rule over who can succeed and who not. Data is what fuels businesses in the end.
AFAIK the law in the US is much more arbitrary in the sense that a lot of it is case law. Until such a case has been before a jury, and jurisprudence has been established it's basically a coin toss.
The thing that may feel arbitrary is simply the fact the laws in Europe actually enforce privacy, whereas a company, and people, form the US expect that these laws are teethless.
