Tuesday, March 26, 2019

How the EU Wants to Milk Money from U.S. Tech Companies: New at Reason

By Reason Staff - March 26, 2019 at 08:30AM

EU codingThe EU is one of the largest global markets, housing some of the world's brightest and most creative minds. Yet it has not produced a titan on the scale of an Apple or an Amazon or a Google.

We use American technology products every day; living without them is probably harder than you think.

It would be especially hard for the EU, despite its leadership's antagonistic posture towards U.S. tech companies.

Europe has set its sights on Silicon Valley in recent years, issuing antitrust rulings, privacy regulations, and copyright mandates that mostly target companies across the pond. Still, the EU would hardly benefit if their supposed antagonists were to disappear. In a way, the EU is quite dependent on them. Andrea O'Sullivan explains.

View this article.

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