[lrip13]

It's quite simple actually: - many different regulatory policies to follow in order to sell accross the EU - different languages / culture - risk averse culture in investments and business (Americans go all-in and do not fear to fail fast) - lot of lobbying from already established compagnies (which are often state-backed which doesn't help) - no start-up culture basically. Contrary to the US, regulatory entities expect the same from a 10 000 people org and a 15 people start-up. It completely kills most startups.

In the end all these regulations allow Europeans to have access to "safe" products but it kills most of our innovations in favor of the US or China.