On Friday, the head of the anti -monopoly of the European Union, Theresa Ribera and President of the European Union of Technology, Verconine, said on Friday that the DVA law does not aim at American technology giants, after the concerns raised by American lawmakers.
One of the officials assured the members of the American Congress that DMA applies to any company that meets the standards of the “gate guard” in the European Union, regardless of its country of origin.
My brother Ribera and Farkkunin, Speaker of the House of Representatives, Jim Jordan and Scott Fitzgerald, Chairman of the Subcommittee of the Administrative State, Organizational Reform, and Combating Monopolies, who requested an explanation about the law. In a common message dated March 6, they confirmed that the DMA goal is to ensure fair competition and innovation in digital markets by curbing unfair practices by dominant companies.
The officials also rejected the allegations that DMA suffocates innovation, on the pretext that it helps prevent anti -competition behavior by the gate guards, and enhances an environment for future innovation. They pointed out that similar concerns in the United States have led to investigations and lawsuits to combat monopoly against major technology companies, including Google, Amazon, Apple and Meta.
Moreover, RIBERA and Virkkunnen rejected the idea that anti -monopoly fines in the European Union represent a European tax on American companies, as former US President Donald Trump suggested. They emphasized that the goal of the DMA application is compliance, with the penalties that act as a tool to ensure reliable participation instead of itself.