alt Hacker News> this instills an enormous amount of trust
So you are saying the reason that it is just perceived better?
Even that's quite debatable as I worked in few European companies and has never faced any backlash for choosing US vendor. Biggest European tech companies like Mistral and Klarna use many US vendors like AWS.
Yes. It is both a little funny, and true. Often departments don't even want to start a software project if it is being perceived as "legal and IT are going to have all kinds of opinions on this". When we say everything runs in Europe, by European companies, it actually signals "there will be no problem with GDPR and data sensitivity, and your legal and IT departments won't complain, and the CEO will love it".