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Make all tech knowledge available, spin it into another completely separate company with 0 ties to the parent and then we can actually start talking. Rest is fluff and PR.

> An EU sovereign cloud by Amazon though would be built in the EU and staffed by EU employees though.

At that point, why is Amazon needed? Don't we really have the expertise and capital to do this in Europe without Amazon (or Google, MSFT)? I somehow doubt that very much.

All proprietary software that runs in the cloud would vanish.

Well, that's why code escrow exists as a scheme.