> This also rebounds in the fact that when an American company makes it big, they have the resources to flood other EU markets and be cheaper/better than the local competition due to economies of scale and money based on their big successful US market. A French company making it big is still small compared to a US equivalent.

Ding ding ding! When China does it with solar and EVs we call it "dumping". When Uber, OpenAI and Anthropic do it, that term is never ever used. VC funded US techs dumps harder than any Chinese industry ever has.