🎥 WATCH: French President Macron on the Tech Industry "When you look at the tech sector, it's largely driven by the U.S. big seven companies and the Chinese companies." "Europe is the right approach, but still, in the digital sector and in a lot of sectors, we are too fragmented." "Second, capital. In the U.S., you have a lot of capital, a lot of deep pockets, so they invest a lot of money." "The paradox is that in Europe, you have a lot of savings, much more than in the U.S." "But these savings are not properly invested because of too many regulations in the banking and insurance sectors."