[...] Google and Facebook are based on what seem to be natural monopolies. Feeble calls in Europe to weaken or break them up lack any alternative vision, economically, politically, or ecologically.
[...]
The continual demand by local politicians to launch a European Google, and most of the other proposals coming out of Brussels or Berlin, are either misguided or half-baked. [...] Google will remain dominant as long as its challengers do not have the same underlying user data it controls. Better algorithms won’t suffice.
For Europe to remain relevant, it would have to confront the fact that data, and the infrastructure (sensors, mobile phones, and so on) which produce them, are going to be the key to most domains of economic activity. It’s a shame that Google has been allowed to move in and grab all this in exchange for some free services. If Europe were really serious, it would need to establish a different legal regime around data, perhaps ensuring that they cannot be sold at all, and then get smaller enterprises to develop solutions (from search to email) on top of data so protected.