U.S. House Judiciary Chair Jim Jordan has requested that EU antitrust chief Teresa Ribera clarify the enforcement of European Union rules aimed at regulating Big Tech, expressing concerns that these rules seem to disproportionately target U.S. companies. The request follows a memorandum signed by U.S. President Donald Trump, indicating his administration’s intent to closely examine the EU’s Digital Markets Act (DMA) and Digital Services Act, which govern how American tech firms operate within the European Union. The DMA outlines specific obligations and prohibitions for major tech companies including Alphabet, Amazon, Apple, Booking.com, ByteDance, Meta Platforms, and Microsoft, with the goal of ensuring fair competition and expanding consumer options. In a letter to Ribera, Jordan voiced concerns that the DMA imposes heavy regulatory burdens on companies and unfairly advantages European businesses. He criticized the potential fines for DMA violations, which could reach up to 10% of a company’s global annual revenue, suggesting that these penalties are designed to enforce European standards globally and act as a financial levy on American firms. Jordan also argued that certain DMA requirements might inadvertently benefit China by stifling innovation, discouraging research and development, and transferring valuable proprietary data to rival nations. He has requested that Ribera provide a briefing to the judiciary committee by March 10. The European Commission, where Ribera serves as the second-highest-ranking official under President Ursula von der Leyen, has denied targeting American companies. Ribera, in a recent interview, stated that the EU should not be pressured into altering laws that have already been approved by legislators. — news from Newsmax