As an EU citizen, I've thought about this for a bit and I think that maybe it is more because the large companies being targets for regulation atm (FAANG) are not EU companies.
See for example how protective the US has been of Monsanto in the past and now that Bayer has swallowed it, lots of lawsuits are suddenly underway and scandals pop up.
See for example how protective the US has been of Monsanto in the past and now that Bayer has swallowed it, lots of lawsuits are suddenly underway and scandals pop up.