Monopoly laws are one thing, not being able to create new products is another. Sure Europe need not become a carbon copy of USA/China, but they need to ensure they can keep creating valuable products so their current way of life may sustain. I will encourage everyone to read the pdf as it highlights the concerns.
You can reach a $100B market cap simply by creating an amazing product that people all over the world want to use, no monopoly required. A prerequisite for this, of course, is an ecosystem that encourages and efficiently enables the creation of amazing products.
yeah but are they? it's not like there are five European search providers competing equally for the users. On the other hand, there's a bunch of quasi monopolies, e.g., Lufthansa on many routes in Germany after other airlines collapsed, or Datev for accounting (which interestingly you can't even buy but have to go through a tax advisor).