Oh sure, but as you say they're not the same thing. To disrupt at scale you need to be able to grow to that scale. There are too many barriers to doing this in Europe.

I do think Europe has many advantages the US and China don't have, it's not like being able to develop massive scale enterprises is the be-all and end-all of economics, but it is self-limiting in some important ways.

Comletition leads to innovation for all while monopolies lead to stagnation or degeneration with a few benificiaries.