Commentary

Europe Takes a Bite Out of America's Apple

By Stephen Moore
Wednesday, January 15 2025

Envy is an ugly thing – one of the seven deadly sins. Europeans have long been dripping with jealousy that American firms dominate the tech sector – cellphones, search engines, social media platforms, artificial intelligence and robotics. Our "magnificent seven" tech companies – including Google, Nvidia, Apple and Amazon – saw massive stocks market gains in 2024. Meanwhile, Europe has flatlined. One reason for this success: The United States innovates while Europe regulates. Instead of fixing their economies, the European…

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