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Big Tech critics ask Raimondo for meeting after critique of European proposals -Breaking

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© Reuters. FILE PHOTO: Gina Raimondo, U.S. Commerce Secretary, listens to a question in a interview with Reuters at Washington U.S.A. on September 23rd 2021. REUTERS/Kevin Lamarque

WASHINGTON, (Reuters) – After she raised concerns about European legislation that would rein in U.S.-based platforms in Europe, Commerce Secretary Gina Raimondo was asked to meet with them in January.

Yelp (NYSE:), REX, the News Media Alliance, and other signers signed a Tuesday letter in which they requested a meeting for the week January 10-14. The request came after Raimondo indicated that Europe is closely monitoring the Digital Services Act.

She stated that she was concerned about the impact of these proposed changes on U.S.-based technology firms, their ability to serve EU customers adequately and maintain security and privacy standards.

DSA forces Google, Amazon (NASDAQ), Apple (NASDAQ) and Facebook’s (NASDAQ) owners Meta to act more aggressively to remove illegal content from their platforms. Otherwise they could face fines as high as 6% of worldwide turnover. For violations of the DMA, U.S. tech companies are subject to fines of up to 10% of their global turnover. This is a first for global.

The eight businesses stated in the letter that they supported the rules by many U.S. corporations.

The authors wrote: “US businesses have raised concern about anti-competitive conduct on these dominant online platforms and have given evidence to European policy makers during the writing of EU legislative proposals.”

The authors wrote that they hoped to see them work together in the future to further American companies’ and consumers’ interests when interfacing with transatlantic partners.

According to the Commerce Department, Raimondo supports legislation’s goals and will continue talking with European partners. According to the Commerce Department, “Secretary Raimondo made clear reference to the U.S. practice of consulting partners to ensure their laws don’t discriminate against US businesses in the video.”

Yelp Felt Genius and REX signed the letter

News Media Alliance. Patreon. OfferFit. Beeper.

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