Cloud and Energy have similar economics. No economic entity I know of operates their own power plant and power distribution network in their backyard. No economic entity should be expected to operate their own datacenters and data networks. The Cloud is here to stay, just as Energy utilities are here to stay. What EU needs to do is to recognize the strategic importance of the Cloud, invest in EU Cloud infrastructure and ban American/Chinese companies from running EU Cloud datacenters. Then pray latency costs are sufficient to keep EU companies from moving their data overseas.