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technology2 years ago

US Lawmakers Push Biden to Address Europe's Targeting of American Tech

A group of bipartisan congressional representatives has written a letter to President Joe Biden, urging him to take action against what they perceive as the European Union's unfair targeting of American tech companies through the Digital Markets Act (DMA). The representatives argue that the EU's "digital sovereignty" agenda applies different rules to American companies compared to European and other foreign firms. They also express concern that Chinese tech giants like Tencent, Alibaba, and Huawei were not designated as gatekeepers under the DMA, despite competing aggressively with US firms. The representatives call on Biden to investigate the potential damage to American economic and security interests and to advocate for fair treatment of American companies in the EU.