• SubArcticTundra@lemmy.ml
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    8 months ago

    Well ofc. But the reason I’ve heard for why we never have the likes of Google/Meta/Apple etc. is because our market is very fractured compared to the US

    • maynarkh@feddit.nl
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      8 months ago

      The reason is more that EU antitrust regulations still have some bite, and they don’t let monopolies like Big Tech form. Also, there is less of a concentration of VC money since the economy at large is less financialized. Fewer firms are public, there is no equivalent of Wall Street.

      Whether that’s good or bad, I’ll leave that up to everyone’s conscience.