'Europe must ban American Big Tech and create a European Silicon Valley'
(www.tilburguniversity.edu)
You absolutely need to scale up. I've been on several european teams who had to reincorporate under LLC just because its impossible to compete in Europe as a new business. There's just too much moat.
I agree and welcome meaningful regulation but in Europe its absolutely being used as a market moat, especially in tech. People who are defending this looking at this issue through the wrong lense of political theory crafting rather than how these tools are used in practice.
The only places in Europe that are actually growing tech now are Eastern european countries that losen up the moat to allow innovation in and dont have strong incumbents that reinforce the moat.