The EU cannot create a tech sector like the other blocks because of the cultural barriers. There is no common language and no common media. That means you have

The EU cannot create a tech sector like the other blocks because of the cultural barriers. There is no common language and no common media. That means you have to launch country by country, adapting product and marketing strategy for every country. Meanwhile, in the US it is easy to launch a simple product and market it to the entire country. That means US companies are orders of magnitude easier to scale up to behemoths. In fact, if an EU tech company wants to grow really big, it is better off trying to conquer the US (like spotify). There is no fix for this. Even if the EU managed to take away the many regulatory differences between member nations and created a funding source equal to silicon valley, and managed to keep the US tech giants at bay, the EU tech industry will never rival that of the US. IMHO this is a good thing. Megacorporations are an economic antipattern. It is better to have a million small businesses serving their local market than a few giants covering the continent.