Reuters: EU & U.S. antitrust forces are gathering in Pittsburgh next week

From Nandita Bose’s “Exclusive: Big Tech targeted by U.S. and EU in draft memo ahead of tech and trade meeting” posted Thursday:

The United States and European Union plan to take a more unified approach to limit the growing market power of Big Tech companies, according to a draft memo seen by Reuters.

The move will be among announcements on tech, climate, trade and supply chains likely to be made at a U.S.-EU Trade & Technology Council meeting on Sept. 29 in Pittsburgh.

With the U.S. and Europe trying to restrain the growing power of American tech giants such as Alphabet’s Google, Facebook, Apple and Amazon.com Inc, such cooperation has become critically important for regulators on both sides of the Atlantic – and would make it harder for the U.S. tech industry to fight new rules.

This month, the White House announced that the council would meet for the first time on Sept. 29 in Pittsburgh. U.S. Secretary of State Antony Blinken, Commerce Secretary Gina Raimondo, U.S. Trade Representative Katherine Tai and the European Union’s trade chief Valdis Dombrovskis are scheduled to attend along with European Commissioner for Competition Margrethe Vestager.

My take: What, no Lina Khan? No Tim Wu?

8 Comments

  1. Craig Doran said:
    What, no Microsoft?!
    How times have changed from the 2000s (or MSFT’s lobbyist budget, at least).
    In a way, I hope it is just a shakedown for campaign contributions—if it means the security and simplicity of the App Store remains viable.

    0
    September 23, 2021
  2. Jerry Doyle said:
    “…. On Wednesday, Reuters reported that European Union ambassadors have postponed discussions to prepare for the meeting in protest of Washington’s submarine agreement with Australia at France’s expense.”

    The irony of the EU countries’ ambassadors binding together like a chain in protest of Washington’s submarine agreement with Australia at France’s expense, postponing discussions to prepare for meeting on “anti-trust” behavior by the tech industry. How dare they to manifest or exhibit an intention or attitude similar to which they ostensibly oppose.

    1
    September 23, 2021
  3. Michael Goldfeder said:
    “My take: What, no Lina Khan? No Tim Wu?”

    This kids table wasn’t invited to an adults only event.

    2
    September 23, 2021
  4. Miguel Ancira said:
    Can we talk about how the EU’s requirement for a single charger is an obvious shakedown?

    3
    September 23, 2021
  5. bas flik said:
    if there is only one charger how you can invend a new one?
    because then you will end up having 2 chargers and this is not allowed
    EU = bad ideas.
    UK = lucky they escaped in time.

    1
    September 23, 2021
  6. Jerry Doyle said:
    This whole issue becomes a non issue in another year as Apple plans to go to “wireless” charging for its phones making them all without ports. This is typical government bureaucracy: spend an inordinate amount of time in administrative, management & operations having effort apply to a targeted issue that will not be there after all the time, money & staff resources generated to address the problem.

    1
    September 23, 2021

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