This is by design. US government isn't gonna kneecap it's most valuable companies now, since they're also monopolizing the international tech markets including the European one, and as long as China isn't taming its own monopolistic giants, then the US has no incentive to do it to themselves considering the economic war they're in now.

The US government threw the book at Microsoft in the 90s when tech was a small slice of the US GDP and it had no international competition, but today the tech sector is the biggest engine of GDP growth in the US, so there's no way the US government is gonna throw a spanner in that just to be richeous.

In the current economic and political climate, having a monopoly on monopolistic giants like the US does, is much better than having no monopolistic giants like the EU, since nice guys do indeed finish last.

Exactly, enshittification is creeping everywhere, EU should not follow a model that is breaking up in front of us.