Earlier quoted context omitted.
Billions of euros over multiple decades? Why? Seems to me like it's mainly regulation. The thing that makes people in China, or Russia, for example, not use Google - isn't that Yandex / Baidu got tons of investments. It is that people can't easily access Google. If the EU decides to pull the switch (or if the US decides to do so), we have enough competence people here to build a search engine.
That's where democratic governments at a disadvantage. Europe is also more integrated into US market. For example, killing access to Google ads ecosystem will make 100s of thousands or even millions of people unemployed. Apple and Google have multiple offices in Europe. A divorce with US will again make a huge amount of people lose their very high paying jobs. Unlike China and Russia those people can vote. Moreover,…
Everything you wrote about the open market system is true, except it seems like that system have died over the past year. Europeans understand now that the US isn't a friend.