The sharp teeth of the European Union’s new competition rules under the Digital Markets Act and Digital Services Act are drawing blood from two of America’s greatest innovators. Such mandates undermine U.S. tech leaders’ basic business models and threaten to turn them into public utilities. They also trash privacy by handing consumer data and American trade secrets to China, while putting in jeopardy the very innovation and user experiences that consumers value.
If European leaders won’t recognize this, perhaps President Trump can help them see the light.
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