Reports from the European Commission or major business news outlets

Trump to Choose Between Europe or Big Tech as EU's Tech Clampdown Continues

Dec 9, 2024, 06:07 AM

The European Union's extensive efforts to regulate American technology giants may face new challenges following President-elect Donald Trump's re-election. The previous European Commission had implemented various measures against US tech firms, including blocking takeovers and introducing a thicket of new laws. With Trump's second term approaching, the dynamic between the EU and Silicon Valley may shift, as Trump's administration could limit how aggressively the EU can impose regulations on American companies. This situation may force President Trump to decide which bothers him more: Europe's regulatory actions or the influence of Big Tech at home.