> market distortionary

I am unsure what you are trying to say here. But if you mean to refer to "market distortion", I cannot see how that can be happening.

The reason is that these rules are supposed to be applicable universally to every company in the same way. And as such, they do not create any market distortion in one way or the other. Because everyone has to play by the same rules. Those are as fair market conditions as one can get, in my opinion.

> some might not bother

Why should that be a problem? If someone does not like the regulation in a particular jurisdiction, it is fine. No one is forcing them to operate there.

The main point is the following: If they want to operate, they have to play by the local rules. Just like everyone else.