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U.S. Lawmakers Urge Biden to Address EU's Unfair Targeting of American Tech

The lawmakers argue that the European Union's Digital Markets Act unfairly singles out U.S. tech giants while neglecting to scrutinize Chinese and European firms.

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Overview

  • 21 U.S. lawmakers have written to President Joe Biden, expressing concern that the European Union's Digital Markets Act (DMA) unfairly targets American tech companies.
  • The DMA designates five major U.S. tech companies — Alphabet, Amazon, Apple, Meta and Microsoft — as 'gatekeepers', requiring them to make their messaging apps compatible with rivals and allow users to choose pre-installed apps on their devices.
  • The lawmakers argue that this designation unfairly singles out American companies while neglecting to scrutinize Chinese companies like Alibaba, Huawei and Tencent, as well as European companies.
  • From March 2024, these companies could face fines up to 10% of their revenue if they fail to comply with the rules.
  • The lawmakers have called on Biden to secure commitments from EU lawmakers to enforce the DMA fairly and not use it as a tool to target U.S. companies.