US House Judiciary Chairman Jim Jordan on Sunday demanded EU antitrust chief Teresa Ribera clarify how she enforces the European Union’s rules reining in Big Tech , saying they appear to target US companies.
The request came two days after US President Donald Trump signed a memorandum warning that his administration would scrutinise the EU’s Digital Markets Act (DMA) and the Digital Services Act “that dictate how American companies interact with consumers in the European Union”.
“We write to express our concerns that the DMA may target American companies,” Jordan wrote in a letter sent to Ribera on Sunday and seen by Reuters, saying that the rules subject companies to burdensome regulations and give European companies an advantage.
He criticised fines up to 10 per cent of global annual revenues for DMA violations.
“These severe fines appear to have two goals: to compel businesses to follow European standards worldwide, and as a European tax on American companies,” Jordan said.