Reported about 9 hours ago
US House Judiciary Chair Jim Jordan has requested EU antitrust chief Teresa Ribera to clarify the enforcement of the EU's Digital Markets Act, expressing concerns that it disproportionately targets American companies. This comes after President Trump signed a memorandum that scrutinizes the EU's regulations on how US companies operate in Europe. Jordan and fellow lawmakers argue that the rules create unfair advantages for European firms and impose heavy penalties on US businesses, potentially stifling innovation and harming competition.
Source: YAHOO