Wednesday, April 15, 2015

First Click: Europe's case against American exceptionalism


In 2011, Eric Schmidt christened Apple, Google, Amazon, and Facebook the “gang of four” — calling them the most dominant companies in consumer technology. The Google chairman dismissed Microsoft at the time, saying it’s “not driving the consumer revolution in the minds of the consumers.”


Notably, none of these companies are based in Europe.


Worse yet, Microsoft — hit with $2.34 billion in antitrust-realted fines in the EU over the past decade — bought Nokia’s handset business last year in a crushing blow to European pride. And Spotify is the closest that Europe has come to producing its own consumer technology megacorp four years after Schmidt's remarks.


The EU’s not about to let a bunch of Yanks ride roughshod over its member...


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