U.S. lawmakers press EU antitrust chief on big tech regulations

February 24, 2025
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U.S. lawmakers press EU antitrust chief on big tech regulations

Representative Jim Jordan, Chair of the U.S. House Judiciary Committee, has called on Teresa Ribera, the European Union's antitrust chief, to explain the EU's approach to regulating major technology companies.

Jordan expressed concerns that these regulations seem to disproportionately affect American firms.

The demand follows President Donald Trump's signing of a memorandum on Friday, which stated that his administration would closely examine the EU's Digital Markets Act (DMA) and Digital Services Act. These laws govern how U.S. companies engage with consumers in the European market.

The DMA imposes specific guidelines on companies like Alphabet (Google's parent company), Amazon, Apple, Booking.com, ByteDance (TikTok's parent), Meta Platforms, and Microsoft. Its goal is to promote fair competition and expand consumer options.

In a letter to Ribera, co-signed by Representative Scott Fitzgerald, chair of the subcommittee on the administrative state, regulatory reform, and antitrust, Jordan argued that the DMA unfairly targets U.S. businesses.

He claimed the regulations burden these companies while giving European firms a competitive edge. The letter, reviewed by Reuters, was sent on Sunday.

Jordan and Fitzgerald also criticized the steep penalties under the DMA, which can reach up to 10% of a company's global annual revenue for violations. They described these fines as a means to force global compliance with European standards and as an indirect tax on American corporations.

The lawmakers further suggested that some DMA provisions could inadvertently favor China by stifling innovation, discouraging research and development, and transferring valuable proprietary data to rival companies and nations.

They requested a briefing from Ribera for the judiciary committee by March 10.

The European Commission, where Ribera serves as the second-highest-ranking official under President Ursula von der Leyen, has rejected claims of targeting U.S. companies.

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