IMHO Europe has one choice, and it may already be too late, and that is to adopt the China model or to descend into fascism and neoliberal economic collapse.

Europe needs to be responsible for its own security and needs its own versions of all the big American tech companies. This administration has done more to destroy American soft power than any other in history and it's not even close. The US has shown itself to be an unreliable partner.

China now has a record of decades of long-term planning and choosing the interests of its populace over corporate interests. It's not problem free by any means but the food is cheap and plentiful, the priority for housing is availability rather than treating it purely as an investment vehicle, infrastructure such as robust public transit is a priority and from the beginning of the Internet age, China has decided not to be beholden to American tech companies so there are Chinese versions of everything.

One may question Europe's ability to innovate in tech given the comparative lack of unicorns produced (vs the US) but that's irrelevant here, for two reasons:

1. Europe doesn't need to innovate. It just needs to copy; and

2. Forcing EU governments and companies to use European platforms will create a captive market.