Which successful companies came out of EU in the last 20 years? How well do they stack up against US (Google, Amazon, Facebook, Uber etc) or China (Tencent, Alibaba etc)? If not many, does that mean EU entrepreneurs are hindered by the regulations?
One might also argue that European model is better because it might prevent one company from dominating the market. But if that is the case, why does EU face technology dominance from American companies (smartphones, search, e-commerce, operating systems etc), rather than having that marketshare captured by European companies?
One might also argue that European model is better because it might prevent one company from dominating the market. But if that is the case, why does EU face technology dominance from American companies (smartphones, search, e-commerce, operating systems etc), rather than having that marketshare captured by European companies?