Borrowed from that other site…
New EU report: “Europe is stuck in a static industrial structure… [N]o EU company with a market capitalisation over EUR 100 billion that has been set up from scratch in the last fifty years, while all six US companies with a valuation above EUR 1 trillion have been created in this period.”
I am too lazy to read the report rn, is there anything about the reasons for why that is?
The EU doesn’t allow monopolies.