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Formal-Cow-9996 t1_j2xiwsk wrote

Reply to comment by LordBrandon in European economies have developed stronger anti-trust regulations, more competitive markets, and more robust consumer protection than the US in the last 20 years. The reason for this is the EU. EU member states are incentivized to empower a strongly independent pro-competition regulator. by smurfyjenkins

It's actually a very interesting and complex topic, but usually the reasons are the local markets are still divided by cultural lines (most EU states have their own language and marketing is harder for smaller companies), the EU has more regulations (which means they have to be more careful while growing, which would work in a vacuum but then they're killed by the American and Chinese competitors) and many more

Edit: and obviously this is only for mega-corporations. Europeans get plenty of local versions

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