How many former US startups such as Google or eBay do you use in the UK? And how many former UK startups does an average US user use? There gotta be a reason for this disparity. And the reason is regulatory capture in the EU.
Man, I think that's the first time I've seen someone compare the EU to the US unfavorably on regulatory capture. They both have it, but the US has basically perfected it. Just look at the FCC and it's current chair