On Wednesday, Reuters broke news that the Biden Administration is cautioning the European Unionover IP and security risks associated with Europe’s proposed tech regulations. According to Reuters, a new U.S. white paper highlights how the Digital Markets Act would require U.S. tech companies to provide competitors with information protected by intellectual property law. The document also highlights how Europe’s proposed tech regulations endanger consumer security. 

Chamber of Progress, which has vocally opposed the Digital Markets Act (DMA), applauds the Administration for pushing back on the proposal, giving special thanks to Commerce Secretary Gina Raimondo, Secretary of State Anthony Blinken, and U.S. Trade Representative Katherine Tai.

“If the U.S. were to force L’Oréal or Volkswagen to share their trade secrets, Europe would be in a collective uproar,” said Chamber of Progress CEO Adam Kovacevich. “By pushing back, the Biden Administration is taking a stand for U.S. workers and calling the Digital Markets Act what it is: an attack on American tech companies meant to give a leg up to their foreign competitors.”

Prior to the recent U.S.-E.U. tech summit, Chamber of Progress published an op-ed in the Pittsburgh Tribune-Review and a full page ad in the Pittsburgh Gazette both calling on the Biden Administration to oppose the DMA. Chamber of Progress’s statement thanking Sec. Raimondo for pushing back on the DMA at the summit is available here.

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Chamber of Progress (progresschamber.org) is a new center-left tech industry policy coalition promoting technology’s progressive future.  We work to ensure that all Americans benefit from technological leaps, and that the tech industry operates responsibly and fairly.  

Our corporate partners do not have a vote on or veto over our positions. We do not speak for individual partner companies and remain true to our stated principles even when our partners disagree.