US big tech companies are demanding more support from Donald Trump in the fight against European regulations — but the EU antitrust watchdogs don’t want to let Apple, Meta and co. off the hook.
The recently inaugurated US President Donald Trump has turned the trusting relationship between the United States and Europe on its head, according to the EU’s new Competition Commissioner, Teresa Ribera. Brussels must now ensure reliability and stability, factors that no longer exist in Washington. In an interview with the Reuters news agency, the politician called on Europe to continue negotiating with the White House and listen to the US government’s concerns on trade issues, but not to allow any changes to EU laws to be forced upon it.
“We need to stick to our strengths and principles,” Ribera told Reuters. “We need to be flexible but we cannot transact on human rights nor are we going to transact on the unity of Europe, and we are not going to transact on democracy and values.”
Trump and his followers in the US government had recently criticized the EU for its rules and regulations. The fines imposed by the EU on US technology companies are a kind of punitive tax.
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