No, compete. There is a menagerie of European space start-ups starved of oxygen by ArianeSpace.
Arianespace is Europe’s ULA. Europe with Ariane 6 is about as dependent on SpaceX as Europe without. The difference is whether it will continue to be dependent on SpaceX. Every euro that goes to Arianespace cements SpaceX’s global dominance.
> Arianespace had the lead and lost it
When was Arianespace in the lead?
> Ariane 6 is not that far behind the other "old space" companies
Granted. Not a great show for €5bn.