You’re correct. I am not an expert on anti trust, but I do see that the EU has missed the boat on every new industry in the 21st century compared to the USA.
We will see in 100 years if regulation was the right move or not.
As for education - I doubt all public education in the EU is equivalent, or tutoring is banned, or additional resources, etc.
> Internet and social media, streaming services, etc.
The very WWW originated at CERN in Europe.
> Cryptocurrencies
For all we know Satoshi could've been an European. Same goes for Nicolas van Saberhagen. Vitalik is neither European nor from the US. I'm not an expert, but most of the US cryptocurrency startups I see are cheap pyramid schemes, and no real innovation anymore.
> AI
DeepMind was a British company. It had several successes, and was acquired by Google later, which raises a question what does it mean "innovation happens in the US". In this case innovation happens in UK, but it's owned by a American company.
There's certainly a lot more, but (similarly to you) I don't keep track of nationality of every company I interact with. And the question is pretty fuzzy in case of very international companies.
Acorn was a British company, not European, and had significant help from Apple since 1980s. Nokia never really had any significant share of smartphone market once it took of. Nokia and Ericsson telecom infrastructure is inferior to Huawei's. I will give you Bluetooth and Spotify, but that's just a drop in a bucket.
Olivetti (an Italian company) took over Acorn in 1985. This was around the time the ARM processor was being developed. Acorn was in danger of going under at this time when one of their creditors bounced.
Last I've checked UK was firmly in Europe. I assume you meant something different, because literal interpretation makes no sense to me. Can you clarify?
Sorry, I meant it more like UK is in many regards more similar to the US, than to the rest of Europe. I mean stuff like common law vs civil law, the way you start/grow your business, access to financing, etc.
> I do see that the EU has missed the boat on every new industry in the 21st century compared to the USA.
Perhaps. But for completely different reasons, certainly not regulation.
And furthermore, while this _may_ hurt the EU in the long-run, they are still very good at the kind of industries that employ a large number of people across all skillsets.
> We will see in 100 years if regulation was the right move or not.
No need to wait, we can see this right now. The internet and app economy is completely enshittified. Only regulation can fix this, the market had 20 years and it only got worse.
We will see in 100 years if regulation was the right move or not.
As for education - I doubt all public education in the EU is equivalent, or tutoring is banned, or additional resources, etc.