News Tech: Critics of tech giants such as Alphabet and Google called for a meeting in January after Commerce Secretary Gina Raimondo expressed concern over a bill in Europe aimed at curbing US platforms. . Yelp, News Media Alliance, REX and others noted on Tuesday that Europe signed a letter calling for her to hold a meeting the week of January 14, starting January 10th.
You will be fined %. The DMA presents a list of dos and don’ts to US tech giants called Online Gatekeepers, with fines of up to 10% of global revenues for violators. This is a world first. In the letter, the eight companies said many US companies support the rule. “U.S. companies have repeatedly expressed concerns about the anti-competitive behavior of these dominant internet platforms and are providing evidence to European policymakers when drafting EU legislation,” they said.
“We are seriously concerned that these proposals will disproportionately affect the ability of US-based technology companies and their ability to adequately serve their EU customers and comply with security and privacy standards.” she said. The DSA will force Meta, the owner of Google, Amazon, Apple and Facebook, to do more to stop illegal content on its platforms or it could lose up to 6% of its global turnover.
Writing “Going forward, we hope that you will work to advance the interests of all U.S. businesses and U.S. consumers when interacting with our transatlantic partners,” they wrote. In a statement, the Department of Commerce said Raimondo supports the goals of the law and will continue discussions with its European partners.
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