Comment by okanat

No it doesn't work that way. That's a lot of political will for little monetary gain. Don't forget that countries in EU are still quite capitalist and many of the bigger companies have huge investments in the US. EU itself is a quite neoliberal org too. It has all sorts of forced privatization laws.

The post WWII doctrine of US that's applied in Europe is strengthening the bigger businesses. Those businesses use US tech since investing in an actual European tech sector is expensive. Especially after all the first players took critical positions.

The time to invest in that sector was in the 80s and 90s. Europe had a different relationship with the US and it was trying to encite small ex-Soviet states to join, so they can exploit the cheap labor. So nobody actually invested in local tech sector.

It is now an uphill battle that'll cost more than the original investment. Only countries with strong independence urge like France is willing to fight it. Most of the EU countries are not.