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Google [...] is so big, its essentially infrastructure, and needs to be regulated.

Not sure I agree, but let's see why you think it's necessary:

More likely, they could work with oppressive governments to remove certain unpleasant historical events from people's sight.

...um, that's an example of government regulation of Google. You can't use preventing X as a reason for implementing X. That's like saying you should smoke cigarettes to make sure you don't get cancer. >.<

What you seem to be saying is "I trust the EU, and I wish they would regulate Google AND their regulations would trump the regulations of all the other governments I don't trust". Unfortunately, that's not how the world works.

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