The author questions whether European regulators will increase scrutiny on US tech firms to foster domestic competition.
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There have been two strategies historically in dealing with US tech companies.
Europe respected our copyright laws, left their borders open to US big tech, have received all of the negative externalities, and have received none of the tax benefits.
China has forced investment through local partners, stolen technology from western firms, built internal competitors that in many ways surpassed the originals, and have built a thriving innovative tech sector.
With the recent changes to the US / European relationship, what are the odds that the initial wave of backlash against the US takes the form of regulatory changes targeted at big US tech firms as a way to grow European alternatives?