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The Commission’s new competition chief said the fine for the European Commission’s imminent violation of the EU’s new gatekeeper is not tax or tariffs, which is the commission’s new competition chief said it has been criticized again by Trump administration officials.
Teresa Ribera said of potential fines in the Digital Markets Act: “It has nothing to do with any taxes or tariffs.” We are bound by the law. We will apply for law. ”
Ribera commented in Washington with reporters on Thursday since taking over as head of competition from the EU.
Apple Inc. and Meta Platforms Inc. are set to be hit with fines from EU regulators under the DMA as soon as next week, but the penalties are expected to be modest as the EU seeks to avoid inflaming tensions with US President Donald Trump, who has warned he’d strike back with heavy tariffs following any “disproportionate” penalties against American tech firms, Bloomberg previously reported.
Ribera said she met for the first time with Trump’s Federal Trade Commission chairman Andrew Ferguson and the assistant attorney general of antitrust Gail Slater. She said that although no disagreements were raised during these meetings, there was “contradictory” with the U.S. authorities.
Ribera said Americans “said they want to protect the digital markets.” “At the same time, they question the Digital Markets Act, which the EU intends to respond to these requirements.”
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