Th
e European Commission—the executive body of the E.U.—wants to supercharge its sluggish startup scene and cultivate a generation of Skypes that don’t emigrate to America.
But that also means wresting control of the European tech market back from Silicon Valley’s biggest power players, which have dominated the region for decades with little local competition. Google, for example, controls nearly 93% of all online searches in Europe. Compare that to the U.S., where Google faces some competition from Yahoo and Bing and accounts for 80% of searches.
Image: http://www.fastcompany.com
