On Wednesday, a bipartisan group of lawmakers in the House issued a letter to President Biden, urging the Administration to push back against Europe’s proposed Digital Markets Act (DMA). The Biden Administration has, on multiple occasions, raised concerns about the DMA singling out U.S. companies, endangering trade secrets, and creating cybersecurity risks. Reports suggest that EU lawmakers are attempting to finalize the sweeping new digital law by April.
“If Europe hamstrings American tech companies with the DMA, U.S. workers and the U.S. economy are going to bear the brunt of this new law,” said Chamber of Progress CEO Adam Kovacevich. “This would be like the U.S. creating car manufacturer regulations that only apply to BMW and Daimler. Instead of exporting regulations, Europe should focus on developing its own tech sector by encouraging innovation.”
The full letter to the Biden Administration opposing Europe’s DMA is available here.
Chamber of Progress has vocally opposed the DMA, urging President Biden to continue speaking out against the proposed law. Read Adam Kovacevich’s latest op-ed on the DMA in the Center for European Policy Analysis.
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.