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> Microsoft, Google and Amazon have grown their market share to 66% of the total European market, with local providers contracting from 26% to 16%. While it's
by VWWHFSfQ 5y ago
> Microsoft, Google and Amazon have grown their market share to 66% of the total European market, with local providers contracting from 26% to 16%.
While it's certainly a problem that USA companies are swallowing the EU market, the EU has done nothing whatsoever to help itself compete with these companies.
It is nearly impossible to start a "startup" company anywhere in the EU. The overwhelming bureaucracy and risk-averseness of obtaining capital and venture investment drives the European founders out of the EU and to USA so they can get some money to start-up their little company.
This is not a problem with Google, Microsoft, or Amazon consuming the EU. This is a problem with the EU. They just can't make anything themselves.