@goetz The whole claim that "no EU cloud provider is able or can compete" is nonsense to begin with, and has been debunked many times. The 'requirements' were crafted to exclude them a priori.
Hosting a database of domain/registrant associations (which is what a registry is) is absolute table stakes for any halfway competent hosting provider.
(Also, the report that SIDN cites as confirming their decision was produced by KPMG, which will infamously produce basically whatever conclusion you pay them to produce.)
@joepie91 Thank you for your take. Maybe my wording could have been better in the first place.
I agree that a EU based HyperScaler should be able to fullfill the requirements of a TLD registry.
If the requirments are specifically crafted to exclude them, than this is bad for the Netherlands TLD.