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EU competition and digital policy chief Margrethe Vestager has denied that the forthcoming digital markets law (DMA) will only target American tech companies.
Then he spoke The White House warned Brussels that the tone around the main new technology policy sent a negative message and that the EU is “not interested in participating in good faith with the United States” about the challenges posed by major technology platforms.
In an interview with the Financial Times, Vestager, who met with President Joe Biden during a visit to Brussels this week, said: [DMA] it is not aimed at certain businesses or certain nationalities of business. “
The DMA sets new rules for platforms that are considered large enough to be “gateways”.
“We’ve developed what we’re trying to find out who the framework should be and who the possible goalkeeper should be, it’s been the effects of the market,” Vestager said.
He said the draft legislation to be debated by the European Parliament is based on the “market effects” of Big Tech’s dominance over small rivals.
He suggested that the criteria set by the EU will help establish a broader vision than the largest Silicon Valley companies. Google, Amazon, Facebook, Apple and Microsoft. “We made this proposal with a broader scope for good reasons, due to market impacts,” he said.
Vestager’s comments will be seen as a way for Brussels to try to calm tensions between the EU and the US, at a time when both sides are keen to rebuild transatlantic relations after four tumultuous years of Donald Trump.
But last month Andreas Schwab, a German MEP who will help guide DMA legislation through the European Parliament, said U.S. technology companies are “the biggest problem”.
“Let’s look first at the biggest problems, the biggest bottles. Let’s go down the line – one, two, three, four, five – and maybe six together [China’s] Alibaba, ”he said.
The US administration has come under pressure from the EU to step up its efforts to regulate Big Tech. The co-chairs of the US digital trade caucus recently warned about EU law. “disproportionately damaged American technology companies ”.
However, despite the EU’s alleged rhetoric that it has mismanaged American companies, the U.S. government has called for big criticism of Big Tech in crucial positions of power. Only last week did Lina Khan, a call for the dissolution of U.S. companies, be named chairman of the Federal Trade Commission.
Separately, the U.S. House of Representatives has introduced five bills, some of which are even more stringent than the Brussels bill. Observers point out that the US and the EU face a similar challenge of “taming companies that have become”.too big to care for”.
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