U.S. House Judiciary Chair Jim Jordan has requested EU antitrust chief Teresa Ribera to clarify the enforcement of the European Union’s regulations targeting Big Tech, suggesting these rules disproportionately affect U.S. companies. This follows a memorandum signed by U.S. President Donald Trump, pledging to scrutinize the EU’s Digital Markets Act (DMA) and Digital Services Act (DSA). In a letter to Ribera, Jordan expressed concerns that the DMA imposes burdensome regulations on businesses, giving European firms an advantage. The letter, co-signed by Scott Fitzgerald, criticized fines up to 10% of global annual revenues for DMA violations, suggesting they aim to enforce European standards globally and act as a tax on American companies. The letter also argued that some DMA provisions could benefit China by stifling innovation and handing proprietary data to adversarial nations. Jordan and Fitzgerald urged Ribera to brief the judiciary committee by March 10. The European Commission has denied targeting American companies, with Ribera asserting that approved laws should not be altered under external pressure. — news from Reuters
