Until now nobody thought it was a problem. At least not a big one. The EU made some moves to define a "cloud computing" platform for Europe, and very little people paid attention because business-wise it was very difficult to compete with US corporations that have vast amounts of money in cash and find easy to get funding.

But now there are some (small) alternatives.

LIDL has its own cloud for retail.

And I believe T-Systems sells some cloud computing for goverments based on OpenStack...

Small steps, but steps.