At some point, Europe will learn that if they keep preventing international solutions without creating a climate in which similar or better local solutions can emerge, they are cutting their own nose to spite the face. There are secondary and tertiary effects of this, and eventually the 'huge market' will shrink in importance. I mean, Brazil is a huge market, and no-one cares about them thanks to brain-dead legislation concerning tech imports and economic irrelevance.
No one cares about it because you get robbed on gunpoint at the stoplights.
Again no one in Europe cares about some Gemini because frankly no one even knows what it is. They had their run with the black founding fathers and most people who tried it then dismissed it forever.
It's google's choice to forgo privacy and thus a huge market like the EU. Other companies, like OpenAI, seem to manage fine.