U.S. Tech Council Not ‘Fruitful’ on Rules, EU Official Says
- U.S. criticized competition rules that hit U.S. companies
- EU, U.S. created TTC to coordinate approach to big tech
Photographer: David Paul Morris/Bloomberg
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The European Union’s much-touted partnership with the U.S. has yet to bear fruit on devising a common approach to regulating big technology firms, a key commissioner said.
Thierry Breton, the bloc’s internal markets commissioner, told a European Parliament committee on Tuesday that the EU-U.S. Trade and Technology Council was “not particularly fruitful at this stage” when it comes to tech regulation. The TTC initiative was launched earlier this year to help forge a common approach to big tech and to competing with China.