Because if the EU steps in to stop this you couldn't scale because the EU isn't one big market like the USA it is a bunch of smaller markets that add up to a big markert that all have their version of how things should go. If the EU wants to have hyperscalers like the USA they will at some point need to force EU members to do things like relax language requirements, have more overlapping business law, etc.

Yes, I fully agree - this is a super important thing the EU needs to do if it wants any chance at homegrown competition.

Maybe it’s time to realize that the free markets aren’t as free as claimed