Discover why Europe lacks Big Tech giants like the US and China, and how market fragmentation, funding, and regulation shape its tech landscape in 2025. Why does Europe lack Big Tech companies?
We need institutions that can both challenge and rival Big Tech. EU has been doing okay, great in comparison, regulating Big Tech. Small to medium companies have big part of the market, but are constantly eaten up big bigger ones, and have hard time combating many mono/duopolies (like mail or social media, which technically are easy to keep diversified).
I don’t know what is the answer. Federation that do not collaborate with Big Tech - thank you, Fedi - are a great way forward. Consumer movements (e.g., Buy European) and smaller companies getting their niches working with Big Tech and only slowly diverging from it (see, e.g., Ecosia) can also have an impact.
The article poses a wrong question. But a related question is interesting: How do we challenge Big Tech at scale? In this sense, Europe not having any tech giants might be lucky for the world at large, as we still have enough power, talent, and influence to pose the challenge. How do we do that?
I agree with all of you, but…
We need institutions that can both challenge and rival Big Tech. EU has been doing okay, great in comparison, regulating Big Tech. Small to medium companies have big part of the market, but are constantly eaten up big bigger ones, and have hard time combating many mono/duopolies (like mail or social media, which technically are easy to keep diversified).
I don’t know what is the answer. Federation that do not collaborate with Big Tech - thank you, Fedi - are a great way forward. Consumer movements (e.g., Buy European) and smaller companies getting their niches working with Big Tech and only slowly diverging from it (see, e.g., Ecosia) can also have an impact.
The article poses a wrong question. But a related question is interesting: How do we challenge Big Tech at scale? In this sense, Europe not having any tech giants might be lucky for the world at large, as we still have enough power, talent, and influence to pose the challenge. How do we do that?