The European Union (EU), which has dismally failed to foster a business climate where tech companies can thrive, is now aiming to cripple America’s tech leaders, potentially also landing a body blow to the broader U.S. economy. More distressing is that the EU is being aided and abetted in its regulatory attacks by the U.S. Federal Trade Commission (FTC).
The EU and the U.S. have often squared off on economic issues. But the mother of all EU attacks on U.S. businesses has been launched as the European Commission begins enforcing the Digital Markets Act and other measures against large U.S. tech companies.
Lexington Institute’s Paul Steidler discusses this in the Op-Ed here in InsideSources DC Journal.
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