Comment by dash2
12 days ago
Europe can make alternatives to US tech
Then why are there approximately no European tech companies? You remember that FT graph....
12 days ago
Europe can make alternatives to US tech
Then why are there approximately no European tech companies? You remember that FT graph....
We did have alternatives to US tech, they just lost competition (fair or not) to US companies, and because tech is a winner takes it all industry, they ceased to exist. Should US companies leave EU though, we absolutely are in a position to have our own tech again.
They are either crushed my American monopolies and enforcing US laws abroad, or European companies are bought-out wholesale by American companies. Europe was too scared to enforce their own protectionist schemes because it always upset the US. Europe could be a superpower, if it wanted to.
The article discusses many of the (unfair) tactics which have lead to US tech dominance.