Europe’s dependence on US technology companies is both an economic challenge and a strategic vulnerability. The European Union’s new Tech Sovereignty Package is a step in the right direction, but without equally ambitious efforts to curb market concentration, it is bound to fall short.
BRUSSELS—In early June, the European Commission unveiled its Tech Sovereignty Package, a new policy agenda designed to strengthen Europe’s strategic autonomy through investments in AI, domestic semiconductor manufacturing, cloud infrastructure, and open-source software. While ambitious, the package is not enough. To ensure that AI and digital technologies advance the European Union’s economic and security interests requires confronting the root causes of Big Tech’s dominance over Europe’s digital economy.
BRUSSELS—In early June, the European Commission unveiled its Tech Sovereignty Package, a new policy agenda designed to strengthen Europe’s strategic autonomy through investments in AI, domestic semiconductor manufacturing, cloud infrastructure, and open-source software. While ambitious, the package is not enough. To ensure that AI and digital technologies advance the European Union’s economic and security interests requires confronting the root causes of Big Tech’s dominance over Europe’s digital economy.