5 US companies have bigger annual revenues than France

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Just 5 American companies (“Gafam” — Google, Apple, Facebook, Amazon, Microsoft) have combined annual revenues of $3,000 BN — which is larger than the annual GDP of France ($2,200 BN). Europe is the world’s biggest single market and is a world leader in aerospace, pharma, car production, electronics, engineering. So why can’t Europe compete on […]

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