In a recent interview with CNBC, EU antitrust chief Margrethe Vestager insisted that Europe has a “sparkling, vibrant innovation ecosystem.” I don’t want to knock Europe, and it’s certainly true that the continent is a hub for new and interesting ideas. The EU ranked as an ‘Innovation Champion’ in the Consumer Technology Association’s 2023 Global Innovation Scorecard, and thousands of European startups and global brands flock to CES in Las Vegas each year.
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