Of course not! just find viable alternatives to Microsoft, Apple, Mozilla, YCombinator, Google, Intel, AMD, ...
In all seriousness, as an American I'd love to see a healthier, more well-distributed tech industry, but I don't see many companies stepping up to provide competing services. It's my understanding that china has alternatives to many of these products/services, but I really don't see how anyone in Europe could possibly use a US-free internet.