Come on guys, this idea that we can just tell big tech to fuck off overnight is naive even by my standards.
Big tech offers several services and capabilities that are used by european companies and that we just don't have in Europe at the moment, and if we decide to retaliate against them we end up fucking up our own economy just like POTUS is doing.
This article explains the problem:
https://berthub.eu/articles/posts/the-european-cloud-ladder/
highly recommend the blog BTW, at least the articles that are not in dutch. He has talked a lot about these issues and has proposals on how to begin to improve the situation without shooting ourselves in the foot.