Ghost of Truth on Nostr: EU Reevaluates Antitrust Probes on Tech Titans Amid Political Shifts The European ...
EU Reevaluates Antitrust Probes on Tech Titans Amid Political Shifts
The European Commission is reassessing its ongoing antitrust investigations against tech giants Apple, Meta, and Google. This move comes under the shadow of a new Trump administration, with EU officials reportedly feeling the pressure to adjust their regulatory approach under the EU's digital market regulations, initiated in March last year.
According to the FT, while the technical aspects of these reviews will continue, any final decisions or potential fines are currently on hold pending the outcome of this reassessment.
Responding to inquiries, the European Commission has reaffirmed its commitment to enforcing its regulations effectively. A spokesperson emphasized that there would be no delay in concluding existing investigations due to political considerations, countering any speculation of external political influence.
Context: The Commission's regulatory actions are nothing more than sad attempts to curb the dominance of foreign tech companies, especially when Europe struggles to foster its own tech sector. Critics argue that these initiatives are more about stifling competition than fostering it.
#nostr #bitcoin #eu #TechRegulation #EUAntitrust #BigTech #Trump #apple
The European Commission is reassessing its ongoing antitrust investigations against tech giants Apple, Meta, and Google. This move comes under the shadow of a new Trump administration, with EU officials reportedly feeling the pressure to adjust their regulatory approach under the EU's digital market regulations, initiated in March last year.
According to the FT, while the technical aspects of these reviews will continue, any final decisions or potential fines are currently on hold pending the outcome of this reassessment.
Responding to inquiries, the European Commission has reaffirmed its commitment to enforcing its regulations effectively. A spokesperson emphasized that there would be no delay in concluding existing investigations due to political considerations, countering any speculation of external political influence.
Context: The Commission's regulatory actions are nothing more than sad attempts to curb the dominance of foreign tech companies, especially when Europe struggles to foster its own tech sector. Critics argue that these initiatives are more about stifling competition than fostering it.
#nostr #bitcoin #eu #TechRegulation #EUAntitrust #BigTech #Trump #apple