We won't really find out until there's a big European social media platform or whatever - I agree with you it's weird, but the obvious response (and you've received it) is along the lines of conjecturing that they wouldn't worry about UK-Tok, Têtebook, or Deutschezon. Maybe that's right. It'd be fun to find out. (Also for other reasons, come on, what's going on that there isn't really even one to name?)
There have been international competitors in key US industries for decades. The most that’s occurred has been bailouts of US heavy industry such as cars. Examples include Toyota, Ericsson, Sony, Hyundai, VW etc.
When there are reciprocal markets between countries with similar approaches to government and law, there isn’t much of a problem. When one country adds tariffs, the other usually just matches them.
Of course but I'm talking about more consumer-facing (and.. 'interactive' in a way car manufacturers aren't) companies, social media, etc.
Closest I can think of are Ocado and Monzo, neither of which (especially the latter) are big enough to compare yet. Perhaps Just Eat (UberEats competitor) too which recently announced US partnership with Amazon. (Veering off-topic here but I've long been surprised that Deliveroo hasn't massively expanded globally? That's the dominant one in London at least, and very quickly ate Just Eat's lunch, which long predated it.)
The majority of the time something successful comes out of the EU, the US buys it wholesale.
Skype, Shazam, iZettle, Mojang etc
I’m not sure it would be different for social networks. (similar to how the match group owns practically all the dating sites and apps; interestingly I just found out that the match group refused to pull out of Russia.)
