How Europe regulated itself into American vassalage

How Europe regulated itself into American vassalage(economist.com)

4 points by RestlessMind 24 days ago | 3 comments

daemin 24 days ago |

Standard article saying that the reason Europe is reliant on massive US companies is because the EU makes it difficult for companies to get to that same size, and that it is a bad thing.

How about if it's working as intended - that the EU doesn't want a handful of trillion dollar companies but instead a plethora of small and medium sized companies instead?

Massive companies in the Silicon Valley model, especially but not limited to the massive LLM companies, have proven themselves wholly unable to follow laws let along the rules. So why make it easy for them to get to that scale?

RestlessMind 22 days ago | |

> if it's working as intended

It doesn't seem to be working as intended. Look at the reports published by European leaders, like Draghi for instance.