The European Commission on Tuesday set out a plan in a bid to take the lead in the metaverse - shared virtual worlds accessible through the internet - and to prevent Big Tech dominating a nascent sphere that could boost economic growth.
Well that’s just IT. They don’t have a significant presence in the tech space and they are trying to create barriers to develop home grown companies. (To answer your question SAP and some anti-virus companies top of my head but there isn’t a lot.)
Creating barriers isn’t a great way to go about it. Protectionist efforts just get returned with tit for tat exchanges in the exact same way that has happened with aerospace.
Unless they lose more court cases because their subsidies break WTO rules…
https://ustr.gov/about-us/policy-offices/press-office/press-releases/2019/october/us-wins-75-billion-award-airbus
What’s stopped EU tech companies previously? I can’t think of any European tech companies other than OnlyFans lol
Well that’s just IT. They don’t have a significant presence in the tech space and they are trying to create barriers to develop home grown companies. (To answer your question SAP and some anti-virus companies top of my head but there isn’t a lot.)
Creating barriers isn’t a great way to go about it. Protectionist efforts just get returned with tit for tat exchanges in the exact same way that has happened with aerospace.