American companies account for up to 85% of the European digital market.

Omissions

• The 85% figure refers specifically to the European cloud market, not the entire European digital market. Cloud services represent only one segment of the broader digital economy. The claim conflates cloud infrastructure market share with overall digital market share. The speaker could not have known sources published after April 28, 2026, but the CNBC article citing this data was published on February 13, 2026, making it accessible.

Sources

• SecondaryCNBCU.S. companies hold 85% of the European cloud market, per data from Synergy Research Group