European Union’s top antitrust enforcer calls for greater global alignment on tech regulation

The tech industry’s top European adversary called Monday for greater cooperation among democracies as regulators race to check the power of Silicon Valley titans.

“We do not have a global competition enforcer, but we have global companies,” Margrethe Vestager, Europe’s top digital enforcer, said at a Washington Post Live interview. “The more we are aligned, the better chance we have.”

Vestager has emerged as one of the world’s most influential regulators at a time when countries are increasingly considering regulation targeting the business practices of Facebook, Google, Apple and Amazon. (Amazon founder Jeff Bezos owns The Washington Post.) Yet regulators, especially in the United States, have struggled to keep pace with the fast-changing nature of digital markets.

To continue reading this Washington Post report, go to:
https://www.washingtonpost.com/technology/2021/07/12/vestager-competition-cooperation-antitrust-passariello/

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