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The EU doesn't build Googles or Amazons, because those companies are inherently unhealthy monopolies. But it has built numerous tech successes, including Nokia,
by TheOtherHobbes 5y ago
The EU doesn't build Googles or Amazons, because those companies are inherently unhealthy monopolies. But it has built numerous tech successes, including Nokia, Spotify, Wise, Airbus, and others.
In reality the EU has curbed the imperial pretensions of aggressive US corporates numerous times - including Microsoft, Google, Amazon, Apple, and (soon) Facebook.
- midasuni 5y ago5 of the 6 most valuable companies on the planet by market cap. Not doing a great job at curbing them.
- refurb 5y ago“Because those companies are inherently unhealthy monopolies.” Yeah, I’m not a billionaire because that much money brings problems. I choose not to be one...but I definitely could be.
- 238475235243 5y agoNokia blew up. Spotify was funded by the Danish government. Wise I've never heard of and Airbus is a pan-EU jobs program sponsored primarily by the UK, French and German governments to make sure there's jobs for random people to make wings in Wales or welding in Toulouse or whatever.