This would be a good deal for FAANGs. It would only be a matter of time before Euro bureaucracy, regulations and statism render them almost entirely sclerotic a

This would be a good deal for FAANGs. It would only be a matter of time before Euro bureaucracy, regulations and statism render them almost entirely sclerotic and useless (not to mention an important source of revenue). The EuFAANGs would survive for a few years, but I imagine most European customers would get tired of a lack of innovation or new feature coupled with higher prices. Even European firms still want to make a profit, and many would figure out how to use FAANGs again.