Why shouldn't the bureaucracy be fed? These companies make money off of it. I don't see any justification for your position besides a nebulous wish for Europe

Why shouldn't the bureaucracy be fed? These companies make money off of it. I don't see any justification for your position besides a nebulous wish for Europe to have an equivalent of google/facebook, and to be honest, besides adding an extra line on all those "european unicorn" blog posts, i don't see much advantage to it either. There's obviously positives to more profitable businesses - but why another google/facebook?