Bookmark: Why Europe Will Never Build Its Own Digital Giants

The larger problem, it seems has much more to do with the general distrust for disruptive innovations. The European approach, consistently, appears to favor slowing (or stopping) innovation unless all possible “harms” are minimized, even if this comes at the expense of the benefits.

IMHO this goes beyond the digital.  This is one of the EU’s major flaws on everything: diplomacy, business, military defense, trade.  They can’t maneuver with any speed, even in a crisis.  This will be part of the EU’s undoing.