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EU-US Pitch “Policy Dialogue” for Big Tech Crackdown – POLITICO




The EU and the United States want to establish a “structured policy dialogue” to address transatlantic efforts to curb market dominance of big tech companies. Politico.

The second TTC meeting will be held on Sunday and Monday in the suburbs of Paris, and the agenda is set to be dominated by the Russian war of aggression in Ukraine. There is also a set of commitments across 10 “working groups” that present a common policy approach.

One group focused on data governance and technology platforms is proposing a transatlantic forum for exchanging dialogue on competition in the digital market.

“The aim is to establish a structured policy dialog dedicated to key new issues of platform governance, including competition in the digital market, to find a common foundation for the scope of challenges, and to enable with a policy and regulatory approach. The case is to pursue more consistency, to coordinate enforcement (including the competitiveness and fairness of the online platform economy), “the document states.

The new commitment comes after the EU and the United States established the Joint Technology Competition Policy Dialogue (TCPD) in June 2021 focusing on competition policy and cross-execution cooperation in the technology sector.

The EU recently adopted its groundbreaking Digital Markets Act. This establishes a broad set of things to and shouldn’t do for the Big Tech giants.

The United States has its own legislation to crack down on abuse in the platform economy. This includes efforts to outlaw abusive self-priority activities as part of the American Innovation and Choice Online bill, and a ban on anti-competitive behavior in app stores as part of the Open App Markets Act. ..




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