Europe is not America and emulating American mercantilism is probably not going to result in anything positive, as the European market is too decentralized for

Europe is not America and emulating American mercantilism is probably not going to result in anything positive, as the European market is too decentralized for the kind of collusion between the political/diplomatic system that allows the American multinationals to dominate. What the EU should do is play to it's strengths as the last organizations left that takes the regulative role required by smiths model of capitalism serious and start enforcing transparency, choice and interoperability on the digital field, with the same zeal it treats similar regulation in the agricultural and manufacturing sectors.