EU Parliamentarian Welcomes Tech Antitrust Push in Congress
- Schwab says US-EU efforts will send ‘strong signal’ to markets
- Lawmaker meets bill sponsors: Klobuchar, Blackburn, Cicilline
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The European Union lawmaker behind the bloc’s new gatekeeper rules for digital platforms endorsed US congressional efforts to rein in the largest technology companies, saying regulators can be more effective by acting together.
“It will be a strong signal to the markets, but also to the citizens that we defend their interests together,” Andreas Schwab, who led the negotiations for Europe’s Digital Markets Act in the European Parliament, said in an interview in Washington on Thursday.