World

EU tech chiefs say they don't target US tech

Mar 08, 2025

Brussels [Belgium], March 8: The European Union's digital competition law "does not target US companies," the European Commission's technology and competition chiefs told a US congressman in an effort to soothe a transatlantic war of words over the EU's crackdown on Big Tech.
Commission Executive Vice Presidents Teresa Ribera and Henna Virkkunen wrote to Jim Jordan, the head of the US Congress Judiciary Committee, to explain the aims of the Digital Markets Act, which requires tech companies to open up services to rivals under threat of hefty fines.
US President Donald Trump has joined tech chief executives in complaining about EU fines, even threatening tariffs in a 21st February memorandum on "defending American companies and innovators from overseas extortion and unfair fines."
Source: Emirates News Agency

More news

Unlocking Efficiency with AtmoonDPS's Payout API

New Delhi [India], May 3: In the digital age, businesses are constantly looking for ways to streamline their operations, enhance their customer experience, and ensure secure financial transactions. One of the most powerful tools for achieving this is the Payout API. AtmoonDPS, a division of Atmoon Ventures, is at the forefront of revolutionizing payment systems with its advanced Payout API, enabling businesses to manage and execute payouts seamlessly and securely.

May 03, 2025