Laws perhaps not, but lobbying (which is the action by which corporate interests exert control) in the EU is still a problem - https://esthinktank.com/2023/05/29/corporate-lobbying-in-the-european-union/

The fault here is not necessarily Musk. He asked these Politicians (and others like them) to reduce the barriers to putting money into Politics. These politicians agreed.

Remember this.

You didn’t enable him by voting for this. These alarmed politicians changed the laws to permit it. We need to be asking our politicians to get rid of these laws, and then tax billionaires out of existence.