US system seems to facilitate quick creation of monopolies and then keeps them in power long term. There is quick competition, winner takes it all and then it is it forever.
There are plenty of similar “monopolies” in the EU they just value safely exploiting consumers more than rapid growth.
Regardless US tech monopolies are almost as dominant in the EU as in they are in the US”. At least local companies wouldn’t syphon money to a different continent and could be regulated