US Legislators Call on Biden Administration to Investigate EU’s Targeting of Tech Industry

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Tech News Summary:

  • The European Commission designated six technology companies as gatekeepers, including American companies like Alphabet, Amazon, AppleMeta, Microsoft, and TikTok owner bytedance.
  • A group of US lawmakers wrote to President Joe Biden, expressing concerns that the European Union’s Digital Markets Act unfairly targets American companies and does not include Chinese or EU companies.
  • The US government has previously warned the EU against excessive regulation of US technology companies and urged for a balanced approach that fosters healthy competition without unfairly targeting specific countries or regions.

In a recent development, US lawmakers have demanded the Biden administration to probe the European Union’s (EU) alleged targeting of American technology companies. The bipartisan group of lawmakers has raised concerns about the EU’s implementation of digital regulations, which they believe unfairly target US tech giants.

In a letter to the Biden administration, the lawmakers expressed their worries about the EU’s Digital Markets Act and Digital Services Act, which are aimed at regulating large technology platforms. They argue that these regulations could harm US-based tech companies and undermine the global digital economy.

The lawmakers urged the Biden administration to investigate the EU’s actions and ensure that any digital regulations are fair and nondiscriminatory. They also called for the US to consider possible retaliatory measures if the EU’s regulations are found to be unfair or discriminatory.

This development comes as the US and the EU continue to navigate their complex relationship in the tech sector. The EU has been increasingly assertive in regulating tech companies, while the US has raised concerns about the potential impact on American businesses.

The Biden administration has not yet responded to the lawmakers’ demands, but this issue is likely to be a key point of discussion in future US-EU trade negotiations. It remains to be seen how the US will respond to the EU’s digital regulations and what impact this could have on the global tech industry.

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