a Leaked Signal Chat He exposes emoji-filled messages about a US-led military strike against the Hootis rebels in Yemen, and survives one noise: JD Vance is tired of “saving Europe.”
That same European skepticism promoted Vance's speech on technical regulations at the Paris AI Summit last month. Condemned Efforts to crack down on American technology companies and to hinder America's existence overseas. The Vice President correctly encouraged the toughest allies of the once-in-a-lifetimes to see the bright side of the new technological frontier, which is rapidly advancing right in front of our eyes, but he also made it clear he would not tolerate their gamemanship.
Recently Europe announcement To adhere to it Digital Market Law, American Technology Titan Apple will need to access private features or fines up to 10% of global revenue to rival hardware manufacturers, including those in Europe. Only for perspective 7% Apple's global app store Revenue It is also made in the European Union. This can easily be wiped out by a first-time violation penalty.
in two another letter Sent to American policymakers, elected members of the European Commission and the European Union Parliament filed an unconvincing lawsuit that the DMA did not unfairly target American companies. DMA is “not designed to target companies based on nationality,” one letter reads. But Europe is threatening to suck up the majority of revenue from American companies. It is a trade barrier without the “customers” moniker.
In reality, DMAs are designed to bind the actions of large technology companies (which DMAs call them “gatekeepers”). The European Union originally decided that only six companies met this standard: Alphabet (Google's parent), Amazon, Apple, Meta, Microsoft, Bytedance. Five of the six are Americans. The list was later Expansion It was also conveniently used by European policymakers as an example of claiming that European technology companies are also regulated to include Booking.com as a gatekeeper.
It's misleading at best. Booking.com is headquartered in Europe, but is also a subsidiary of American Parent Company Booking Holdings Inc. Headquarters Don't forget Andreas Schwab, the European Parliament's rapporteur in Norwalk, Connecticut Recognised In 2021, “DMA should definitely target only the five largest US companies.”
You might argue that Europe is leveling the playing field, but its own technical regulations have created startups and small businesses. turn around American and Chinese technology is regulated in the name of fairness. In America, this is called a free road.
The way Europe portrays relationships, everyone plays with the same rules, those rules are fair and everyone benefits. In a very narrow sense, Europe has its own point. The law applies only to large corporations. However, Europe lacks technology muscles that rival American technology leadership. If Euro-style technology regulations target only large tech companies, Europe will be spared by overwhelming performance on the world stage, and American companies will pick up the tab. It's the word game and rhetorical hand hands from top to bottom.
The future path is I'll reimagin it US-EU technology-related with mutual collaboration, light touch regulations and free commerce in mind. That requires an alliance It has been rebuilt. However, for now it appears that it is likely to collapse unrelatedly or become a source of escalation in the upcoming trade war.
President Trump is set to announce his own mutual set Tariffs, but Congress should promote different types of trade interrelations. It is deregulation of American technology both domestically and internationally. The actual strategy can begin with a Congressional hearing on the issue.
If Europe really wants to have a say in how technology companies operate, they should get their own. This requires fostering a regulatory environment that is technologically innovative. After all, countries are receiving as much technology innovation as they do. Allow.
Until Europe competes in the match, Vice President Vance and other officials in the Trump administration are right to freely denounce Europe. They don't need to thank us, but they should stop regulating us.
Logan Kolas is the Director of Technology Policy American Consumer Institutea non-profit education and research institute.
