• 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.

    • erwan@lemmy.ml
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      8 months ago

      EU doesn’t have any big tech, i.e. tech companies the size and power of Google/Amazon/Meta/Microsoft/Apple.

        • erwan@lemmy.ml
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          8 months ago

          OK, give my the name of a European company you consider “Big Tech?”

          • CustodialTeapot@lemmy.world
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            8 months ago

            I’m sure you have a definition of your own. So I’ll cast a wide web to see what sticks for you.

            ASML, ADYEN, NXP, NOKIA, SAP, DASSAULT, BAT, Spotify, LOGI

            And yes, I know these don’t hold a candle to the Mag7 of America…