Brussels bureaucrats never seem to pass up to an opportunity to micromanage every market they can get their hands on. And having regulated its own tech sector into insignificance, American tech firms are the new object of their bureaucratic excess. The catalogue of the European Union (EU)’s misguided regulatory endeavors includes, inter alia, the Digital Markets Act (DMA), Digital Services Act, and the AI Act. These measures disproportionately disadvantage American innovators, who, unlike their continental counterparts, enjoy the liberty necessary to innovate—to make full use of their talents and capital for the benefit of their businesses and their consumers.
Read Full Article »
