Dare ObasanjoMar 9, 2024

The EU decided to create a bunch of laws to penalize and make it easier to fine US big tech companies with the Biden administration’s stance being “we don’t like them either.”

This is one of the few policy successes of the leftists on Biden.

https://www.washingtonpost.com/technology/2024/03/07/eu-digital-markets-act-biden-dma/

Big Tech howled over E.U. antitrust law. The White House declined a rescue.

The E.U. Digital Markets Act has come into effect, forcing six major tech companies to make significant changes. The Biden administration has taken a muted approach.

The Washington Post
Show threadflere-imsaho 🇺🇦Mar 9, 2024
@carnage4life this is not targeted at the us companies specifically.
Show threadPassengerMar 9, 2024

@mawhrin @carnage4life

If you make a list of major tech companies and a list of major US tech companies, the overlap would be substantial.

Show threadflere-imsaho 🇺🇦Mar 9, 2024
@passenger yes. but dma targets behaviour, not nationality. @carnage4life
Show threadPassenger

@mawhrin @carnage4life

It does, but just as with immigration rules and counter-extremism rules, the laws were made in full knowledge of who they would be likely to be enforced on, and that knowledge is reflected in the final text.

Mar 9, 2024 at 9:46amWeb