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Because the European innovation ecosystem is terribly broken and our politicians think regulation is the solution to all problems.

> Why people cannot directly buy shares in European semiconductor companies

Because this way the companies can be directed towards a specific desired outcome that benefits society instead of the shareholders.

Sounds like it will benefit shareholders just fine?

In the end they always win.

Even if they need to be dragged there kicking and screaming.

Pretty sure Enron shareholders were left holding the bag?

Historically, Silicon Valley was created from government contracts and subsidies.